Hello all,
So I have $x as an outstanding HELP debt, and to date I've had $>x withheld from my salary for covering the debt (and by June 30 it'll be well over the outstanding balance). Obviously it's not cleared until I complete my 2017-18 tax return, but that's probably in August/September of the new financial year, and there'll be a couple of months of contributions made in the new financial year that'll be held by the ATO until I finish my 2018-19 tax return. I'd rather that money be in my pocket than give an interest-free loan to the ATO. :)
For those who have paid off your HECS, how have you handled this? Can you request your tax details be updated on July 1, even if the return hasn't yet been lodged?