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the ultimate HECS/HELP debt guide

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How to Pay Tax as a Self-Employed Person

The first year that you're self-employed as a sole trader, you will need to keep track of the repayment amount. It's not really withheld until after the first year. You have to do your first year tax return. Once you submit your tax return, the next time the quarter rolls around, they will send you a quarterly installment notice. So it might be 5,500 because they're like, yep, self-employed, you'll probably earn more.

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