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  • HELP/SSL/TSL monthly tax table

    For payments made from 1 July 2018 to 30 June 2019

    Use the HELP/SSL/TSL component look-up tool (XLSX 54KB)This link will download a file to quickly work out the monthly component.

    Using this table



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

    End of attention

    You should use this table if you make monthly payments and your employee has:

    • given you a Tax file number declaration or Withholding declaration
    • answered yes to the question ‘Do you have a Higher Education Loan Program (HELP), Student Start-up Loan (SSL) or Trade Support Loan (TSL) debt?’
    • monthly income of $4,329.00 or more, if they have claimed the tax-free threshold
    • monthly income is $2,812.33 or more, if they have not claimed the tax-free threshold
    • 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.

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

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

    See also:

    Working out the withholding amount

    To work out the amount you need to withhold:

    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/SSL/TSL monthly tax table to calculate the HELP/SSL/TSL component to withhold.
    3. Add the HELP/SSL/TSL component to the withholding amount.
    4. Withhold this amount from your employee’s earnings.
    5. 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/SSL/TSL component, to the amount to withhold.
    6. Withhold the result from your employee’s earnings.
    Last modified: 29 Jun 2018QC 55450