2019 Pay as you go (PAYG) withholding tax tables

The Federal Budget did not result in any changes to tax rates or income thresholds for 2019-20 income year. Changes announced to the low and middle income tax offsets were only in respect of the amount of that offset.

The HELP/SSL/TSL tax tables will be renamed ‘Study and Training Support Loans tax tables’. They will incorporate HELP, VSL, SFSS, SSL, ABSTUDY SSL and TSL. There will no longer be separate SFSS tax tables. These changes arise from the passing of the Sustainability and VSL Separation Bills in 2018.

At this point we will only be updating Schedule 8 – Statement of formulas for calculating study and training support loans components (NAT 3539) and study and training support loans weekly, fortnightly and monthly tax tables for the 2019–20 year. The NAT 3539 output file that will apply from 1 July 2019 is provided below under ‘Resource Attachments’.

For further information on these changes refer to the 2019-20 information at HELP and other study and training support thresholds and repayment rates.

Any important updates that affect withholding after the Federal election, along with updated schedules and tax tables, will be published from mid-June to Tax tables on ato.gov.au.