HECS and HELP repayment calculator

From 2025–26 the compulsory repayment is marginal. Nothing is due at or under the minimum threshold. Above it, only the income over the threshold is charged, until the top band, which is 10% of the whole repayment income. On $80,000 in 2026–27, with no salary sacrifice, the repayment is $1,570.80.

Pay

Amount This amount is Tax year

Tax

Residency Medicare levy

Claim the tax-free threshold on the TFN declaration Private hospital cover for the whole year HELP, VSL or another study and training loan

Claiming the tax-free threshold changes the estimate of tax withheld. A resident’s year-end tax still includes the threshold. Foreign residents and working holiday makers do not get it, and they do not pay the Medicare levy.

Super

Super guarantee Salary sacrifice per year

Family, fringe benefits and losses

I have a spouse or a dependent child

Spouse’s income for the year Dependent children Reportable fringe benefits Net investment loss Exempt foreign employment income

Spouse income is used for the family Medicare levy and the Medicare levy surcharge test. Reportable fringe benefits, investment losses, salary sacrifice and exempt foreign employment income are added to HELP repayment income.

Take-home pay · 2026–27

$62,309.20

$5,192.43 a month · $1,198.25 a week

Cash pay, after salary sacrifice	$80,000.00
Income tax	$14,520.00
Medicare levy	$1,600.00
Medicare levy surcharge	$0.00 · hospital cover
HELP / study loan	$1,570.80
Super guarantee	$9,600.00
Total into super	$9,600.00
Effective rate	22.1%
Marginal rate	47.0%

Study loan only

Repayment income $80,000.00. Compulsory repayment $1,570.80 in 2026–27, and $1,950.00 if the same income were in 2025–26. The repayment is marginal: only income above the threshold is charged, until the top band, which is 10% of the whole repayment income.

Monthly payslip withholding estimate: $1,478

That is the ATO PAYG formula (Scale 2) on $6,666.67 gross, about $17,736 a year. Take-home above is the year-end tax, Medicare and HELP. Withholding is what a payslip usually takes out, and the two are not the same number.

Payday Super started on 1 July 2026: the 12% is due with each pay, not quarterly.

Last checked 22 October 2026. Sources and methodology

Check a payslip Check the award minimum