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  • How to work out the withholding amount



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    1. To work out the amount you need to withhold, you must:
    2. Use the Weekly tax table – including instructions for calculating monthly and quarterly amounts (NAT 1005) to calculate the weekly withholding amount for your payee’s earnings, allowing for any tax offsets claimed.
    3. Use this HELP weekly tax table to calculate the HELP component to withhold.
    4. Add the HELP component to the withholding amount. Withhold this amount from your payee’s earnings.
    5. If your payee also has a Financial Supplement debt, add the Student Financial Supplement Scheme (SFSS) component (calculated using the SFSS tax tables) as well as the HELP component to the amount to withhold. Withhold the result from your payee’s earnings.
    Last modified: 14 Jun 2013QC 34714