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The Times

Let working graduates claim a tax deduction for their HECS-HELP debt

  • Written by Michael William Blissenden, Professor of Law, University of New England
Let working graduates claim a tax deduction for their HECS-HELP debtShutterstock

Most graduates leaving university today do so with a massive debt hanging over their heads. They will take many years to repay their accrued HECS-HELP debt through the taxation system. There will be little relief for these graduates as the government has slammed the door shut on the tax deductibility of these repayments against the...

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