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HELP repayment thresholds and rates

 
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HECS repayment thresholds and rates 1988-89 to 2004-05

2004-05

HECS repayment income (HRI*)

Repayment rate

Below $35,001

Nil

$35,001-$38,987

4% of HRI

$38,988-$42,972

4.5% of HRI

$42,973-$45,232

5% of HRI

$45,233-$48,621

5.5% of HRI

$48,622-$52,657

6% of HRI

$52,658-$55,429

6.5% of HRI

$55,430-$60,971

7% of HRI

$60,972-$64,999

7.5% of HRI

$65,000 and above

8% of HRI

*HRI = Taxable income plus any net rental losses and total reportable fringe benefits amounts.

2003-04

HECS repayment income (HRI*)

Repayment rate

Below $25,348

Nil

$25,348-$26,731

3% of HRI

$26,732-$28,805

3.5% of HRI

$28,806-$33,414

4% of HRI

$33,415-$40,328

4.5% of HRI

$40,329-$42,447

5% of HRI

$42,448-$45,628

5.5% of HRI

$45,629 and above

6% of HRI

*HRI= Taxable income plus any net rental losses and total reportable fringe benefits amounts.

2002-03

HECS repayment income (HRI*)

Repayment rate

Below $24,365

Nil

$24,365-$25,694

3% of HRI

$25,695-$27,688

3.5% of HRI

$27,689-$32,118

4% of HRI

$32,119-$38,763

4.5% of HRI

$38,764-$40,801

5% of HRI

$40,802-$43,858

5.5% of HRI

$43,859 and above

6% of HRI

*HRI = Taxable income plus any net rental losses and total reportable fringe benefits amounts.

2001-02

HECS repayment income (HRI*)

Repayment rate

Below $23,242

Nil

$23,242-$24,510

3% of HRI

$24,511-$26,412

3.5% of HRI

$26,413-$30,638

4% of HRI

$30,639-$36,977

4.5% of HRI

$36,978-$38,921

5% of HRI

$38,922-$41,837

5.5% of HRI

$41,838 and above

6% of HRI

*HRI = Taxable income plus any net rental losses and total reportable fringe benefits amounts.

2000-01

HECS repayment income (HRI*)

Repayment rate

Below $22,346

Nil

$22,346-$23,565

3% of HRI

$23,566-$25,393

3.5% of HRI

$25,394-$29,456

4% of HRI

$29,457-$35,551

4.5% of HRI

$35,552-$37,420

5% of HRI

$37,421-$40,223

5.5% of HRI

$40,224 and above

6% of HRI

*HRI = Taxable income plus any net rental losses and total reportable fringe benefits amounts.

1999-2000

HECS repayment income (HRI*)

Repayment rate

Below $21,984

Nil

$21,984-$23,183

3% of HRI

$23,184-$24,982

3.5% of HRI

$24,983-$28,980

4% of HRI

$28,981-$34,976

4.5% of HRI

$34,977-$36,814

5% of HRI

$36,815-$39,572

5.5% of HRI

$39,573 and above

6% of HRI

*HRI = Taxable income plus any net rental losses and total reportable fringe benefits amounts.

1998-99

HECS repayment income (HRI*)

Repayment rate

Below $21,334

Nil

$21,334-$22,498

3% of HRI

$22,499-$24,244

3.5% of HRI

$24,245-$28,123

4% of HRI

$28,124-$33,942

4.5% of HRI

$33,943-$35,726

5% of HRI

$35,727-$38,402

5.5% of HRI

$38,403 and above

6% of HRI

*HRI = Taxable income plus net rental losses

1997-98

HECS repayment income (HRI*)

Repayment rate

Below $20,701

Nil

$20,701-$21,830

3% of HRI

$21,831-$23,524

3.5% of HRI

$23,525-$27,288

4% of HRI

$27,289-$32,934

4.5% of HRI

$32,935-$34,665

5% of HRI

$34,666-$37,262

5.5% of HRI

$37,263 and above

6% of HRI

*HRI = Taxable income plus net rental losses

1996-97

HECS repayment income (HRI*)

Repayment rate

$20,594-$28,494

2% Voluntary threshold

Below $28,495

Nil

$28,495-$30,049

3% of HRI

$30,050-$32,381

3.5% of HRI

$32,382-$37,563

4% of HRI

$37,564-$45,335

4.5% of HRI

$45,336-$47,718

5% of HRI

$47,719-$51,292

5.5% of HRI

$51,293 and above

6% of HRI

*HRI = Taxable income plus net rental losses

1995-96

Taxable income (TI)

Repayment rate

$20,000-$27,674

2% Voluntary threshold

Below $27,675

Nil

$27,675-$31,449

3% of TI

$31,450-$44,029

4% of TI

$44,030 and above

5% of TI

1994-95

Taxable income (TI)

Repayment rate

Below $26,853

Nil

$26,853-$30,516

3% of TI

$30,517-$42,722

4% of TI

$42,723 and above

5% of TI

1993-94

Taxable income (TI)

Repayment rate

Below $26,403

Nil

$26,403-$30,004

3% of TI

$30,005-$42,005

4% of TI

$42,006 and above

5% of TI

1992-93

Taxable income (TI)

Repayment rate

Below $27,748

Nil

$27,748-$31,532

2% of TI

$31,533-$44,146

3% of TI

$44,147 and above

4% of TI

1991-92

Taxable income (TI)

Repayment rate

Below $27,098

Nil

$27,098-$30,793

2% of TI

$30,794-$43,112

3% of TI

$43,113 and above

4% of TI

1990-91

Taxable income (TI)

Repayment rate

Below $25,469

Nil

$25,469-$28,941

2% of TI

$28,942-$40,519

3% of TI

$40,520 and above

4% of TI

1989-90

Taxable income (TI)

Repayment rate

Below $23,583

Nil

$23,583-$26,798

1% of TI

$26,799-$37,518

2% of TI

$37,519 and above

3% of TI

1988-89

Taxable income (TI)

Repayment rate

Below $22,000

Nil

$22,000-$24,999

0.5% of TI

$25,000-$34,999

1% of TI

$35,000 and above

1.5% of TI

Last Modified: Friday, 13 April 2012

 
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