Navigation:  e-PayDay® for Windows > Taxation > Tax Scales > HECS

       

To access the HECS tax formula from the main screen, click on the word 'Tax', then 'HECS Tax' from the pull-down menu.

 

Applies ONLY to those employees who have a HECS Debt.  This scale consists of a Weekly earnings level and a Component Rate expressed as a percentage (%).

 

 

Tax Installment co-efficient for HECS is detailed in the NAT 2335 form supplied by the ATO. Providing you have Adobe Acrobat Reader 4.0 or later you can preview this information by clicking on the following button:

 

 

e-PayDay® does not support any changes to the tax scales.