new
Payroll
AT
Payroll (AU) - 2025/26 STSL Tax Rates
We have updated the tax withholding rates for Study and Training Loans (e.g. HECS). Some key points about these:
- They apply from 1st July, but were only announced on 11th August
- The deadline for payers to adjust how much they withhold is 24th September any additional amounts already withheld this financial year will not be refunded/adjusted - the employee claims them back in their next tax return.
- It has now changed to a marginal repayment system - rather than a threshold/percentage of total income. Most people will see a reduction in their study debt withholding
