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Adjustments

The Adj Credits tab includes items related to adjustments, credit for interest on tax paid and taxation of financial arrangements (TOFA).

A HELP debt includes any unpaid HECS-HELP, FEE-HELP, VET FEE-HELP, OS-HELP, SA-HELP and VET Student Loans debts.

A HELP debt is paid back through the tax system when the taxpayer earns above the compulsory repayment threshold. The compulsory repayment threshold is different each year. MYOB Tax uses the latest published rates for its calculations.

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