Is paying off HECS-HELP debt worthwhile? HECS Indexation Rate to Soar Unlike most forms of debt, study and training loans like HECS-HELP debt don’t attract an interest rate. Instead, an indexation rate is applied to loan debt every year which considers inflation and changes in the cost of living. While the 2023 rate will […]
Previous methods for calculating work from home expenses Prior to 1 July 2022, taxpayers could calculate their WFH expenses using the following methods: Previous fixed rate method (PS LA 2001/6) — deductions of a certain rate (52 cents per hour from 1 July 2018 to 30 June 2022 with alternate rates for earlier years) to […]
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