HELP Voluntary Repayment Bonus

Mitchell Clark • December 11, 2013

HELP voluntary repayment bonus: take advantage before 1 January 2014


The ATO reminds taxpayers that the Government has proposed to remove the 5 per cent HELP voluntary payment bonus which applies to payments of $500 or more from 1 January 2014 (subject to the passage of legislation). It says taxpayers who make a voluntary payment of $500 or more before 31 December 2013 will still receive the bonus. For taxpayers who want to take advantage of the discount before 31 December 2013, the ATO advises that they should allow sufficient time for their payments to be processed.



October 12, 2026
If you're thinking about purchasing or leasing a vehicle for your business in the new financial year, it's worth understanding the updated car thresholds that apply from 1 July 2026.
October 12, 2026
The sharing economy has created new opportunities for Australians to earn additional income...
October 11, 2026
The ATO has released its updated reasonable travel and overtime meal allowance rates for the 2026–27 income year in Taxation Determination TD 2026/4.
October 11, 2026
Federal Parliament has closed an unintended loophole in the recent negative gearing and capital gains tax reforms that became widely known as the “widow tax”.
June 19, 2026
The Reserve Bank of Australia (RBA) has confirmed that all surcharges on credit and debit card payments — across eftpos, Mastercard and Visa — will be banned from 1 October 2026.
June 19, 2026
The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption for electric vehicles (EVs)...
June 19, 2026
The 2026–27 Federal Budget, released on 12 May 2026, has received more attention than most budgets in recent years.
June 19, 2026
The end of the financial year is fast approaching.
May 13, 2026
On Tuesday 12 May 2026 the Treasurer Jim Chalmers handed down the 2026-27 Federal Budget
April 12, 2026
The ATO is turning up the heat on employers who provide work vehicles for private use.
Show More