Question: is hecs repayment based on taxable income?
Answer: Repaying you HECS-HELP debt commences once your Help Repayment Income (HRI) is above the minimum repayment threshold for compulsory repayment. That is, once your taxable income reaches a certain level. The HRI thresholds are adjusted each year. The minimum HRI threshold to make a loan repayment for 2019-20 is $45,881.