Employee forgot to notify employer about Fee help debt

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 · Accepted Answer

RichATO · Answer

I'd suggest payroll reviews the link below to use the FEE Help debt repayment thresholds and rates to calculate what should have been repaid off the loan through the tax system. You should also ensure that the correct amount is deducted from her pay this financial year. Once you have calculated the amount that should have been repaid I'd advise your employee to contact us to arrange a payment plan to repay the outstanding amount from the past 8 years over an agreed period. There is a link below you can pass onto her to explain what she needs to do to arrange this. https://www.ato.gov.au/rates/help,-tsl-and-sfss-repayment-thresholds-and-rates/#Tool https://www.ato.gov.au/General/Paying-the-ATO/Help-with-paying/

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