How to Calculate Your Repayment Income

The repayment income threshold, the amount that you are required to pay toward your help debt based on your income. We've talked about indexation. That's the amount that the debt inflates or indexes by each year. The solace is that debt less than 11 months old will not be indexed. So let's talk about the repayment income thresholds. And I will use some examples in concert with the inflation amount. At the moment, at the time of recording, I'm recording this at the very start of May 2023. If you earn below 48,361 dollars, if you earn below that, and that's not including super, that's just your pay,. Your employer will not withhold