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Last week, the ATO released some new indexed figures that will commence in the 2025/26 financial year. The relevant changes are as follows: Lump Sum D Threshold The Lump Sum D threshold will increase to $13,100 + $6,552 for each completed year of service from 1 July 2025. ETP thresholds The life benefit termination payment ETP cap … Read more

The ATO has released new HECS-HELP tax tables that apply from 1 July 2023. There are no changes to the normal PAYG tax tables for the 2023–24 income year. The only change is to study and training support loans. Study and Training Support Loan changes to apply from 1 July 2023: With the annual indexing of … Read more