What is HELP/HECS Repayments?
Quick definition
HELP/HECS repayments are income-based amounts applied through the tax system when income exceeds thresholds.
Tax & payBorrowing capacityGeneral
Overview
HELP (formerly HECS) repayments are calculated using your repayment income and legislated threshold bands.
These repayments can reduce net pay and may affect borrowing capacity assessments for some lenders.