Are compulsory HELP repayments taken from your salary as pre-tax $?

Question

 · Accepted Answer

DanielleATO · Answer

When it comes to HELP compulsory repayments (https://www.ato.gov.au/Rates/HELP,-TSL-and-SFSS-repayment-thresholds-and-rates/). These are calculated based on your repayment income (https://www.ato.gov.au/individuals/study-and-training-support-loans/when-must-you-repay-your-loan/#Yourrepaymentincome). The employer withholding these amounts does not mean you fall into a lower tax bracket. It just means that when you lodge your Income Tax Return for that financial year, that you may not receive a tax bill for your compulsory repayment.

Explore tax & super topicsExplore tax & super topics

About usAbout us