I really dont understand why everyone is making a big deal of it on the news etc. Isn't it just the ETR brought forward a month?
Do we still claim the ETR in July this year or not? Heres a quote i found in a news article:
The opposition says the decision to dump the education tax refund from 2013 and replace it with the new bonus shows Labor has panicked over the impact the carbon tax will have on households from July 1.
Read more: http://www.smh.com.au/national/schoo...#ixzz1u5FERaNq
It said its being dumped in 2013, so do we still claim in july for 2011/2012. If not, i dont see how its a bonus if it was due to parents anyway?!