Educational Bonus Payment To Be Made To Aussie Parents

As we learn of the financial hardship being experienced by 7 million professional families that are finding it hard to cope, could there be a solution to boost the income of families with school children by copying the Australian initiative.

From the 1st of January 2013 families receiving tax benefit part A will receive Aus$ 410 for each child in primary school and Aus$ 820 for each child in secondary school. The payment is designed to help the families of 2.2 million school kids pay for uniforms, books, school excursions, stationery, and other costs like music lessons and sports registration fees.

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