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  • Higher Education Loan Program (HELP)/Trade Support Loan (TSL) monthly tax table


    For payments made from 1 July 2015 to 30 June 2016

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    Use the HELP/TSL component look-up tool to quickly work out the monthly componentThis link opens in a new window.

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    Using this table



    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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    You should use this table if you make monthly payments and your employee has given you a Tax file number declaration or Withholding declaration and they answered yes to the question ‘Do you have a Higher Education Loan Program (HELP) or Trade Support Loan (TSL) debt?’.

    If your employee has claimed the tax-free threshold, use this table if they have:

    • monthly income of $4,506.67 or more
    • not completed a Medicare levy variation declaration claiming a reduction or exemption in the Medicare levy for having a spouse or dependants and low family income.

    If your employee has not claimed the tax-free threshold, use this table if their monthly income is $2,990.00 or more.

    You must withhold the HELP/TSL monthly component from all your employee’s earnings, including taxable allowances, bonuses and commissions.


    Do not withhold any amount for HELP/TSL from lump sum termination payments.

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    Get it done

    You can download a printable look-up table of monthly withholding for HELP/TSL component (517KB) in Portable Document Format (PDF).

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    Working out the withholding amount

    To work out the amount you need to withhold, you must:

    1. Use the Monthly tax table to calculate the monthly withholding amount for your employee’s earnings, allowing for any tax offsets claimed.
    2. Use this HELP/TSL monthly tax table to calculate the HELP/TSL component to withhold.
    3. Add the HELP/TSL component to the withholding amount. Withhold this amount from your employee’s earnings.
    4. If your employee also has a Financial Supplement debt, add the Student Financial Supplement Scheme (SFSS) component (calculated using the SFSS monthly tax table) as well as the HELP/TSL component to the amount to withhold. Withhold the result from your employee’s earnings.
    Last modified: 15 Jun 2016QC 44259