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13 Mar 09 On the $900 tax bonus

MEMBER 2 writes:

"I am not surprised, but still disappointed, at the limitations placed on payment of the $900 Tax Bonus.

My new software upgrade for the bonuses shows that I have many clients being excluded as they had entitlement to rebates in excess of their tax payable. The worst however, was for a client who had a poor year due to sickness and took a $10,000 dividend from his company. This produced more Imputation credits than he had paid in PAYGW contributions.

Imputation credits have apparently been included in the catch-all of rebates and contribute to exclusion from eligibility for the Tax Bonus. His total taxable income was $23,000!"

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