HELP Repayment Rates – Historic

Here you will find older HELP and HECS repayment thresholds and rates for the financial years ending from June 2000 up till June 2006.

*Please note that HELP repayment income (HRI) is your taxable income plus any net rental losses, total reportable fringe benefits amounts and exempt foreign employment income.

2005–06

HELP repayment income (HRI*) Repayment rate
Below $36,185 Nil
$36,185–$40,306 4% of HRI
$40,307–$44,427 4.5% of HRI
$44,428–$46,762 5% of HRI
$46,763–$50,266 5.5% of HRI
$50,267–$54,439 6% of HRI
$54,440–$57,304 6.5% of HRI
$57,305–$63,062 7% of HRI
$63,063–$67,199 7.5% of HRI
$67,200 and above 8% of HRI

2004–05

HELP repayment income (HRI*) Repayment rate
Below $35,001 Nil
$35,001–$38,987 4% of HRI
$38,988–$42,972 4.5% of HRI
$42,973–$45,232 5% of HRI
$45,233–$48,621 5.5% of HRI
$48,622–$52,657 6% of HRI
$52,658–$55,429 6.5% of HRI
$55,430–$60,971 7% of HRI
$60,972–$64,999 7.5% of HRI
$65,000 and above 8% of HRI

2003–04

HELP repayment income (HRI*) Repayment rate
Below $25,348 Nil
$25,348–$26,731 3% of HRI
$26,732–$28,805 3.5% of HRI
$28,806–$33,414 4% of HRI
$33,415–$40,328 4.5% of HRI
$40,329–$42,447 5% of HRI
$42,448–$45,628 5.5% of HRI
$45,629 and above 6% of HRI

2002–03

HELP repayment income (HRI*) Repayment rate
Below $24,365 Nil
$24,365–$25,694 3% of HRI
$25,695–$27,688 3.5% of HRI
$27,689–$32,118 4% of HRI
$32,119–$38,763 4.5% of HRI
$38,764–$40,801 5% of HRI
$40,802–$43,858 5.5% of HRI
$43,859 and above 6% of HRI

2001–02

HELP repayment income (HRI*) Repayment rate
Below $23,242 Nil
$23,242–$24,510 3% of HRI
$24,511–$26,412 3.5% of HRI
$26,413–$30,638 4% of HRI
$30,639–$36,977 4.5% of HRI
$36,978–$38,921 5% of HRI
$38,922–$41,837 5.5% of HRI
$41,838 and above 6% of HRI

2000–01

HELP repayment income (HRI*) Repayment rate
Below $22,346 Nil
$22,346–$23,565 3% of HRI
$23,566–$25,393 3.5% of HRI
$25,394–$29,456 4% of HRI
$29,457–$35,551 4.5% of HRI
$35,552–$37,420 5% of HRI
$37,421–$40,223 5.5% of HRI
$40,224 and above 6% of HRI

1999–2000

HELP repayment income (HRI*) Repayment rate
Below $21,984 Nil
$21,984–$23,183 3% of HRI
$23,184–$24,982 3.5% of HRI
$24,983–$28,980 4% of HRI
$28,981–$34,976 4.5% of HRI
$34,977–$36,814 5% of HRI
$36,815–$39,572 5.5% of HRI
$39,573 and above 6% of HRI

This information is for guidance only and is not intended as specific advice to any reader. Professional advice should be obtained before acting on any information contained herein. The publisher accepts no responsibility for loss occasioned to any person or organisation as a result of action or the refrain of action as a consequence of the contents of this publication.