Our ATO Community is here to help make tax and super easier. Ask questions, share your knowledge and discuss your experiences with us and our Community.
Be fair @dirk she works at the ATO so its clearly a response. I think it's pretty safe to go off the information she provided and she's trying to help - be nice. Just a guess but I'm pretty sure the Commissioner is pretty busy right now...
I saw an earlier post on the ATO Community page about things that the ATO is doing to help people impacted by Covid-19. I have a question regarding HECS repayments.
Up until recently, my husband and I both worked fulltime. However, since the Coronaviris pandemic hit we have found ourselves in financial hardship. My husband just lost his job and it is almost impossible to find a new one at the moment. Within days we have gone from a comfortable double income to barely being able to make ends meet.
As I still have my job we do not qualify for any of the government initiatives. I know that there are a lot of people finding themselves in the same position as us and I have been trying to think of a way that the government could help.
One huge expense for us is HECS repayments and not having to pay that would really free up some much-needed cash that we could then use to pay our rent and stay afloat.
Has the government considered waiving HECS repayments for the rest of the financial year? I think this is something that could really help a lot of families and would not cost the government too much as they could simply defer the payments and people would still pay off the same amount in the end.
Thank you, I look forward to your response.
@Awhitty we are sorry to hear you are in this situation and understand how difficult this must be.
Thank you for sharing your feedback. It is feedback and ideas like this that can help shape the government’s response. We can certainly understand why you would suggest this as an option. Right now government has a huge number of policy proposals they are working through so we’re escalating your idea for consideration and will let you know of any updates.
Why temporary residents can't access their superannuation if they lost their jobs? Why they dont have this right? Why they are treated differently if they are considered resident for tax purposes? Thanks for your time to explain this difference, because when it's about paying taxtes to the Governemt they are not different from permanet residents or Australian citizens.
@GiovanniCalandr residency isn’t a criteria to access your super early due to COVID-19. To apply, you just need to satisfy one or more of the following:
Read more about early access to your super on our website.
@MtotheY it’s a very upsetting time and I’m sorry to hear that you’ve been retrenched. The Job Keeper payment is still being discussed in Parliament so it could undergo changes before it becomes law.
It sounds like you have already read through the likely eligibility criteria on Treasury's website and information page which says that casual employees are eligible as long as they have been with that employer for 12 months and they are an Australian citizen. As for the rest of your questions, we will need to wait until this becomes law. When this happens, we will update our Job Keeper news article to assist you further. For now, you can register your interest for updates via our website.
Tell us about your ATO Community experience and help us improve it for everyone.Provide feedback