CTHRepealedLegislation
Taxation Administration Act 1953 - Withholding Schedules 2005 (2004 Budget Changes)
When should the HECS or HELP component bWhen should the HECS or HELP component be calculated?
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When should the HECS or HELP component be calculated?
Use this table if you make payments to payees who have provided you with a Tax file number declaration or Withholding declaration and have:
answered Yes to the question ‘Do you have an accumulated HECS or HELP debt?’
not claimed a HECS or HELP exemption on a Medicare levy variation declaration, and
earnings of:
– $690 or more if paid weekly
– $1,380 or more if paid fortnightly
– $2,990 or more if paid monthly, or
– $8,970 or more if paid quarterly.