How much will I repay?

Your repayment income is calculated from the amounts given on your income tax return for:

  • your taxable income;
  • reportable fringe benefits (reported on your payment summary);
  • total net investment loss (which includes net rental loss);
  • reportable super contributions; and
  • exempt foreign employment income amounts.

The more you earn, the higher your repayment will be. When you complete your tax return the ATO will calculate your income for the financial year and the then tell you how much your compulsory repayment is.

Below is the 2018 – 2019 Repayment threshold which you may use as a guide