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  • HELP, SSL, TSL, SFSS and additional payments

    If your employee has advised you they have a Higher Education Loan Program (HELP), Student Start-up Loan (SSL), Trade Support Loan (TSL) or Financial Supplement debt on their Tax file number declaration or Withholding declaration, you must also withhold from the additional payment using the relevant HELP/SSL/TSL or SFSS tax tables.

    You calculate the amounts you need to withhold from additional payments for HELP, SSL, TSL and SFSS by using the same method you used to calculate the PAYG withholding amount from the additional payment.

    For example, if you calculate the amount to be withheld from the additional payment using Method A, use the same method to calculate the amounts to be withheld for HELP, SSL, TSL and SFSS purposes.

    How do you calculate withholding on the additional payment if it is calculated separately to the HELP, SSL, TSL and SFSS components?

    If you calculate withholding separately, you need to make sure that the withholding limit in Method A and Method B(ii) applies to the combined total calculated for the additional payment and the HELP, SSL, TSL and SFSS components. For example, at step 9 in Method A you must combine the amounts from the two separate calculations used for step 7 before comparing it to the amount calculated at step 8.

    Next step:

    You can use the following schedule that combine PAYG withholding with HELP, SSL, TSL and SFSS instead of repeating the calculation separately for each component:

    The results obtained when using the coefficients in the above schedule may differ slightly from the sums of the amounts shown in the PAYG tax tables. Either calculation is acceptable.

    Copies of all the tax tables are available, refer to Tax tables.

    Last modified: 14 Jun 2019QC 55463