Help Loan repayment calculation doesn't add up

Question

 · Accepted Answer

wonka5 · Answer

Your HELP repayment income is different to your taxable income. The HELP repayment income is your taxable income plus any rental losses, reportable fringe benefits, super contributions and exempt foreign employment income. Could this be why the amount is a little higher? Study and training loan repayment thresholds and rates | Australian Taxation Office (ato.gov.au) (https://www.ato.gov.au/tax-rates-and-codes/study-and-training-support-loans-rates-and-repayment-thresholds)

Explore tax & super topicsExplore tax & super topics

About usAbout us