Fraser Coast Council rates

Many low-income ratepayers ie. those with annual incomes under $37,000, will now be financially unable to pay their town rates, of approximately $1700, due by the first week of October, in order to get their 10% discount.

This is due to the Federal Government, for the 2012-13 tax year, reducing the low income tax offset rebate of $1500, to $445 - a cash rebate reduction of $1055.

Further, they have stopped the annual spouse rebate, $2475, to those aged from 40 to 60.

Those under 40 lost this rebate last year.

As tax refunds usually arrive before the rates are due to be paid for the 10% discount, previously with the above rebates paid, low-income earners on the Fraser Coast will now struggle financially with above rebate losses, to be able to pay their rates on time, to get the 10% discount.

To offset the removal of the above rebates, the Federal Government has stopped the 15% tax on personal super contributions (from July 1, 2013), and have introduced a $500 low income super payment (paid after July 2014), to those earning under $37,000.

But to finance this, they reduced the super co- contribution from $1,000 to $250 maximum payment, for 2012-13.



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