Your base year and taxable income details
This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.
End of attention
What you need to complete this section:
- your taxable income amounts for your base year and claim year. Taxable income is explained under Important terms.
Base year is explained under Important terms.
For making a baby bonus claim in 2002, your base year must be 2001 - this is pre-printed on the claim. If you are the eligible person and you have chosen 2002 as your base year, you should lodge a claim after 30 June 2003. Once you have a base year, the year cannot be changed or revoked for this or any future baby bonus claim.
You must show your taxable income amounts, even if these amounts are zero, or your claim may be returned to you. 'Taxable income' is explained under Important terms.
Base year taxable income
Write your taxable income for 2001 at B on your claim. If you lodged a 2001 tax return, you can find this amount on your notice of assessment from the Tax Office for the year ended 30 June 2001. If you did not lodge a 2001 tax return, you will still need to work out your taxable income and write this amount on your claim, even if it is zero.
Claim year taxable income
Your claim year is 1 July 2001 to 30 June 2002. Write your taxable income for the claim year (2002) at C on your claim. If you are required to lodge a tax return, you can find this amount at TAXABLE INCOME OR LOSS on page 3 of your 2002 tax return. If you are not required to lodge a 2002 tax return, you will still need to work out your taxable income and write this amount on your claim, even if it is zero.
Last modified: 22 Dec 2009QC 16563