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jeomki(Newbie)Newbie
24 Mar 2023

Hi


I've been working full time for about a year now and on an income of about $75,000.

When I first started the job I told my employer that I have HECS debt and would like hecs to be deducted from my pay.

However when I log into myGOV ATO HECs amount has not changed and nothing has been deducted?

I started this job last year Jan and did a tax return in June last year so I thought the amount would reduce abit?

Can someone please explain why the HECs amount is the same even if I told my employer that I wanted HECs to be deducted from my pay?

Thank you

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TeddyATO(Community Support)Community Support
27 Mar 2023

Hello @Jeomki,


There are several factors as to why your HECS debt probably hasn't gone down. Firstly when you inform you employer this just makes them withhold a little extra tax to cover the HECS component that will be raised in your tax return. Secondly you need to go across the HECS repayment threshold before we raise an amount in your tax return. You should check out when you must pay your loan on our website. You can also check your notice of assessment of your tax return to see if any HECS was added under the debit column.

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Most helpful reply

TeddyATO(Community Support)Community Support
27 Mar 2023

Hello @Jeomki,


There are several factors as to why your HECS debt probably hasn't gone down. Firstly when you inform you employer this just makes them withhold a little extra tax to cover the HECS component that will be raised in your tax return. Secondly you need to go across the HECS repayment threshold before we raise an amount in your tax return. You should check out when you must pay your loan on our website. You can also check your notice of assessment of your tax return to see if any HECS was added under the debit column.

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HECs loan not reduced | ATO Community