Tax changes afoot for student loans 18 Feb 2016

Did you know proposed changes to tax laws regarding student loans mean:

  • The income of those owing student loans will be adjusted on a similar basis to the adjustments required for Working for Families Tax Credit – for example, money you get from a trust, which is not usually included as income.
  • The Australian Tax Office will be helping New Zealand's Inland Revenue to get addresses of New Zealand borrowers resident in Australia.
  • Volunteers overseas will find it easier to get their write-offs.

These changes will come into force when the law is enacted.

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