HECS-HELP, FEE-HELP and study expenses

HECS-HELP and FEE-HELP reimbursements are not otherwise deductible and so the whole reimbursement or payment is subject to FBT.

The reimbursement or payment of other study expenses may be otherwise deductible if they meet the requirements of self-education expenses.

Given the possible difference in FBT treatment, entities should carefully consider the expenses that are reimbursed.

Due to differing FBT treatments, it is important that HECS-HELP and FEE-HELP reimbursements or payments are recorded separately.

Further Information

For more information, visit Higher education loan schemes essentials.

End of further information
    Last modified: 17 Jul 2012QC 21998