Global Payroll and Absence Management - PSFT (MOSC)

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Legislative Update for PeopleSoft HCM Global Payroll Australia – Study and Training Support Loan

in Global Payroll and Absence Management - PSFT (MOSC)

The Federal Budget announced on 25 March includes no changes to tax rates or income thresholds for the 2025–26 income year. Schedule 1 remains unchanged, and the standard tax tables will continue to apply to payments made from 1 July 2025.

The weekly, fortnightly, and monthly tax tables for study and training support loans are included in the NAT 3539 output file, which has been released by the ATO and is effective from 1 July 2025.

Read this blog article for updates and a link to the Position Statement. https://bit.ly/3I8Ajfj

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