Description Usage Arguments Details Value
hecs
calculates the amount of HECS to be paid in a financial year
1 2 3 |
income |
HECS Repayment Income |
debt |
Outstanding balance |
brackets |
|
rates |
HECS repayment income is different to your taxable income. It is calculated as:
your taxable income for an income year, plus
your total net investment losses, plus
any total reportable fringe benefit amounts shown on your PAYG payment summary; plus
reportable super contributions; and
any exempt foreign employment income from the current income year.
The amount of HECS repayments in a financial year
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