Web2024 - 2024 repayment income thresholds and rates; Repayment income (RI) Repayment rate. Below $48,361. Nil. $48,361 – $55,836. 1.0%. $55,837 – $59,186 WebDepends on the gross amount and how you are setting this up. HELP is only payable after a certain threshold (like $52k per annum) so if gross is under $1000 per week there will be no HELP to deduct. Try testing with a gross of $2000 per week. If PAYG is the same, you are …
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WebJul 8, 2024 · Welcome to our Community! Generally speaking, claiming a tax deduction for work-related expenses that relate to you directly earning your income will reduce the … WebEtax help you with that, for free. If you earn more than the tax free threshold, you definitely need to lodge a tax return. Your income tax is calculated on how much money you made … WebYou begin to pay back your HELP debt through the tax system once you earn above the compulsory repayment threshold. The compulsory repayment threshold is different each … major religion of italy