HELP repayment thresholds and rates 2011-12

HELP repayment thresholds and rates 2011-12

2011-12

HELP repayment income (HRI*)Repayment rate
Below $47,196Nil
$47,196-$52,5724% of HRI
$52,573-$57,9474.5% of HRI
$57,948-$60,9935% of HRI
$60,994-$65,5635.5% of HRI
$65,564-$71,0066% of HRI
$71,007-$74,7436.5% of HRI
$74,744-$82,2537% of HRI
$82,254-$87,6497.5% of HRI
$87,650 and above8% of HRI

*HRI = Taxable income plus any total net investment loss (which includes net rental losses), total reportable fringe benefits amounts, reportable super contributions and exempt foreign employment income.