Must earn less than $100,000 and have an adjusted tax liability more than zero.

A tax refund because of claimed tax deductions should not affect eligibility.

Adjusted tax liability is calculated after taking out tax offsets and other credits, such as low income tax offset, the seniors’ tax offset and franking credits on dividends.

You will require to have a minium taxable income of at least $11,000.

Because of the Senior Australian offset and the low income offset, retirees will need a taxable income of at least $25,868 for a single person or $21,681 for a member of a couple.

If your income includes franked dividends, the minimum income will be higher.

Minors are not eligible unless working or receiving income from a deceased estate.

To calculate adjusted tax liability.

Taxable income Label A                                                     …………….

Add Medicare Levy Label 0                                         +    …………….

Subtract tax offsets and credits                                      -     …………….

Also subtract foreign tax credits.                                   -     …………….

If the result is more than zero, you should get the bonus.

Tax office calculator at www.ato.gov.au 

The bonus is not calculated on family income.

Taxable Income up to $80,000                                     Bonus          $900

$80,000 - $90,000                                                                          $600

$90,001 - $100,000                                                                        $250