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Worried you’re missing part of your refund? Remember, the low and middle income tax offset isn’t a refund on its own – it’s used to offset (or reduce) the amount of tax you pay. The offset amount you may be entitled to is automatically applied and could range between $255-$1080, depending on things like your taxable income and how much tax you’ve paid.
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Hecs - repayments when they weren’t taken from pay

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

Newbie

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My husbands employer did take hecs repayments from his pay from feb 2019 - end of financial year. He didn’t notice 🤦🏻‍♀️.
I’m wondering if these repayments will be deducted from his tax return or if we will be sent a bill once we lodge his tax return?
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ATO Certified Response

Former Community Support

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Hi @Rachael2304,

 

Thanks for your question!

 

This knowledge base article may be of assistance. If your husband meets the repayment income threshold for HELP, then a compulsory repayment will be raised on his Notice of Assessment. If he has not had enough tax withheld to cover this repayment, then he may end up with a tax debt.

 

Hope this helps.

 

Rachael B,

Community Support.

1 REPLY 1

Most helpful response

ATO Certified Response

Former Community Support

Replies 0

Hi @Rachael2304,

 

Thanks for your question!

 

This knowledge base article may be of assistance. If your husband meets the repayment income threshold for HELP, then a compulsory repayment will be raised on his Notice of Assessment. If he has not had enough tax withheld to cover this repayment, then he may end up with a tax debt.

 

Hope this helps.

 

Rachael B,

Community Support.