FYE 30 June 2023
FYE 30 June 2022
FYE 30 June 2021
Last modified: Aug 02, 2022
!The government provides financial assistance (in the form of loans) to people undertaking higher education, trade apprenticeships and other training programs. We have responsibility for the collection of these loans through the tax system.. Learn more about Study and Training Support Loans on the ATO’s website here and here Study and Training Support Loan Repayments will be calculated at the appropriate rate (once the lowest threshold is exceeded) and deducted automatically when processing the Employees Pay,.
!The displayed thresholds are based on an Employee who is paid Weekly.
If your Employee is paid Fortnightly, please multiply the thresholds by 2.
If your Employee is paid Monthly, please multiply the thresholds by 13 then divide by 3.