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tomtom9999(Newbie)Newbie
1 June 2023

I have stopped the compulsory employment contributions for my help debt as I thought I had paid it off. But now with indexation I am likely to be short $300-400. Is there a penalty for this or will it be picked up when I lodge my tax return?

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222 views
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CaroATO(Community Support)Community Support
6 June 2023

Hi @tomtom9999,


It'll be picked up when you lodge your tax return. If your income is over the repayment threshold we'll work out how much you need to make in compulsory repayments. Hopefully it'll bring your balance to $0.

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I paid my Help debt, stopped paying it, but now with indexation I may not have paid the full amount | ATO Community