When do my salary sacrificing payments show up on my HECS HELP ATO transaction statement?
I started salary sacrificing my wage in October 2023 to repay my HECS/HELP loan. I have been getting statements from the salary sacrificing company showing that they have taken out the funds. But the repayments are not showing up on my ATO transaction list. Does this mean that the salary sacrificing company isn't paying my HECS/HELP debt back?
When I looked online I found that the compulsory HECS repayment happens at the end of each financial year. Is this the same for salary sacrificing a HECS debt? So do the salary sacrificing payments only get made to the ATO/show up on the transaction list at the end of each financial year?