Senate debates
Thursday, 19 March 2009
Questions without Notice: Additional Answers
Economy
3:00 pm
Chris Evans (WA, Australian Labor Party, Leader of the Government in the Senate) Share this | Hansard source
On 12 March, Senator Scullion asked me two supplementary questions regarding the stimulus package. I have those answers from the Treasurer’s office, and I seek leave to incorporate them in Hansard.
Leave granted.
The answers read as follows—
Senator Scullion asked the Minister (Chris Evans), without notice, on 12 March 2009:
Will an eligible Australian taxpayer who paid tax and lodged a tax return in the 2007-08 financial year, but who has departed Australia permanently, receive a payment from the government’s most recent $42 billion cash splash? If that is the case, how does giving Australian taxpayers’ money to overseas residents help stimulate the Australian economy?
Senator Chris Evans: The Treasurer has provided the following answer to the honourable senator’s question:
Direct support for consumption provided by payments such as the tax bonus is integral to the Government’s response to the global financial crisis.
People who worked in the 2007-08 income year and incurred a net tax liability are entitled to the tax bonus payment.
Eligibility for the tax bonus requires that the taxpayer was an Australian resident in 2007-08.
On present ATO figures less than 0.4 per cent of lodged returns for 2007-08 have overseas addresses.
It would be administratively infeasible for the ATO to determine whether taxpayers who were residents in 2007-08 remain residents today.
Where a person has moved overseas they may be overseas temporarily.
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