Eldridge News

As a part of the Economic Security Strategy released by the Australian Government, pensioners, seniors, people with disability, carers and veterans may be eligible for a lump sum payment of $1,400 for singles and $1,050 for each eligible member of a couple.
 
Families with a dependent child/children enabling them to receive Youth Allowance or ABSTUDY Living Allowance or were entitled to Family Tax Benefit Part A are may be eligible for a lump sum payment of $1,000 for each eligible child in their care.
 

32 of the 36, drought-declared areas in NSW, Victoria, Western Australia and South Australia will have financial assistance extended until 31st March 2009. The Rudd Government has accepted advice from the National Rural Advisory Council to extend assistance which was due to expire on 30th September 2008.
 

Over the past few weeks we have been getting quite a few queries regarding the medical expenses which can be claimed in individual tax returns under the net medical expenses tax offset. Due to the number of queries we have decided to post a few details regarding the available offset.

Net medical expenses are the medical expenses you have paid less any refunds you got, or could get, from Medicare or your private health fund.

The Fuel Tax Credit scheme is being expanded from the start of the new financial year.
 
Fuel tax credits provide businesses with a credit for the fuel tax included in the price of fuel they use in many business activities.
 

The new Eldridge Accounting & Business Website has been launched! The new website features more information on the services that we offer, more information about the business and our staff, the latest ATO news via RSS feeds, printer friendly page links and more. Please take a look around the website and feel free to use the contact form to tell us what you think about the new website.