Help Repayment Thresholds and Rates 2011-12

Help Repayment Thresholds and Rates 2011-12

See this post for ==> SFSS Repayment Thresholds and Rates 2011-12




HELP repayment income (HRI*) Repayment rate
Below $47,196 Nil
$47,196-$52,572 4% of HRI
$52,573-$57,947 4.5% of HRI
$57,948-$60,993 5% of HRI
$60,994-$65,563 5.5% of HRI
$65,564-$71,006 6% of HRI
$71,007-$74,743 6.5% of HRI
$74,744-$82,253 7% of HRI
$82,254-$87,649 7.5% of HRI
$87,650 and above 8% of HRI

*HRI = Taxable income plus any total net investment loss (which includes net rental losses), total reportable fringe benefits amounts, reportable super contributions and exempt foreign employment income.

See these posts with tips, calculators and checklists to help you prepare your eTax Return (and get a better refund) with less hassle - checklist of eTax and Assessable Income and deductions and checklist of eTax and Allowable Deductions.

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