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  • How to work out the fortnightly component



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

    End of attention

    To work out the amount, you must:

    1. Calculate the weekly equivalent of fortnightly earnings by dividing the total of the fortnightly earnings subject to withholding by two. Ignore any cents in the result and add 99 cents.
    2. Calculate the rounded weekly HELP component applicable to the weekly equivalent of earnings by applying the above formula. Then multiply the result by two to determine the fortnightly HELP component.
    Last modified: 14 Jun 2013QC 34716