ATO Community

HELP Indexation Rate for 2019

This post is archived and may not be up-to-date.

I'm new

Views 869

Replies 2

Hi all,

Can someone please tell me how to calculate the indexation rate for HELP loans.
I need to know the indexation rate for 2019.


I'm wanting to make an informed voluntary repayment and unfortunately the following page is still not updated and it's getting very close to when loans are indexed on June 1st.

https://www.ato.gov.au/rates/help,-ssl,-abstudy-ssl,-tsl-and-financial-supplement-indexation-rates/

 

Thank you

 

1 ACCEPTED SOLUTION

Accepted Solutions

Most helpful response

ATO Certified Response

Former Community Support

Replies 0

Hi @FormerStudent,

 

The indexation factor for HELP, TSL and financial supplement debts is 1.018 and the effective percentage increase is 1.8% for 1 June 2019.

 

This was published in the Government notices gazette on the 15 May 2019, and our website will be update with this information shortly.

 

I hope this helps, SueO.

2 REPLIES 2

Former Community Support

Replies 0

Hi @FormerStudent,

 

Welcome to our Community.

 

I have escalated your request to obtain the indexation rates and will advise you shortly.

 

Thanks for your patience, SueO

Most helpful response

ATO Certified Response

Former Community Support

Replies 0

Hi @FormerStudent,

 

The indexation factor for HELP, TSL and financial supplement debts is 1.018 and the effective percentage increase is 1.8% for 1 June 2019.

 

This was published in the Government notices gazette on the 15 May 2019, and our website will be update with this information shortly.

 

I hope this helps, SueO.