HELP repayment thresholds and rates 2013-14 HELP repayment income (HRI*) Repayment rate Below $51,309 Nil $51,309 – $57,153 4.0% $57,154 – $62,997 4.5% $62,998 – $66,308 5.0% $66,309 – $71,277 5.5% $71,278 – $77,194 6.0% $77,195 – $81,256 6.5% $81,257 – $89,421 7.0% $89,422 – $95,287 7.5% $95,288 and aboveRead More →

The dependent spouse tax offset for the financial year 2012 – 2013 has had some major changes. The largest change is that your spouse now needs to be born before 1st July 1952, making your partner over 61 on the 1st July 2013. If the Adjusted Taxable Income (ATI) ofRead More →

HELP repayment thresholds and rates 2012-13 Below $49,096 Nil $49,096–$54,688 4% of HRI $54,689–$60,279 4.5% of HRI $60,280–$63,448 5% of HRI $63,449–$68,202 5.5% of HRI $68,203–$73,864 6% of HRI $73,865–$77,751 6.5% of HRI $77,752–$85,564 7% of HRI $85,565–$91,177 7.5% of HRI $91,178 and above 8% of HRI *HRI = TaxableRead More →

As from the 1st July 2013 the Australian Taxation Office will no longer be issuing income tax refunds as a cheque, instead, the refunds will be electronically transferred directly to your Australian bank account. So when you visit your Registered Tax Agent or complete your return online you will need to makeRead More →