HELP and SFSS income thresholds and repayment rates 2018-19

Version: 

2018-19

Effective Date: 

01/07/2018 - 07:00am

Status: 

  • Current

Tax Category: 

  • Payroll
  • Tax preparation

Resource Type: 

  • Statement of formula / rates and thresholds

Description: 

The formulas for higher education loan repayments and NAT 3539 output file, which includes tabs containing tables for the HELP and SFSS rates, that apply from 1 July 2018 are provided below. The Budget Savings (Omnibus) Bill 2016 introduced a new lower minimum repayment rate and threshold for all HELP debts.

Updated schedules and tax tables that apply from 1 July 2018 have been published at ato.gov.au/tax tables

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