A student with a HECS-HELP debt starts to repay a proportion of income once their income...

 

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A student with a HECS-HELP debt starts to repay a proportion of income once their income exceeds the income threshold. For example, if in the first income bracket they would repay 1% and the next bracket 2%. This is payable on: All of their taxable income Only that income above the threshold The income above the tax-free threshold None of the above A student with a HECS-HELP debt starts to repay a proportion of income once their income exceeds the income threshold. For example, if in the first income bracket they would repay 1% and the next bracket 2%. This is payable on: All of their taxable income Only that income above the threshold The income above the tax-free threshold None of the above

Answer rating: 100% (QA)

Option B is correct Only that income above the threshhold Other ... View the full answer