What on earth is STSL?
Perrier Ryan • July 22, 2019
HELP! What is STSL?
From 1 July 2019, the ATO combined existing higher education, trade apprenticeship and other applicable program financial assistance loans (eg HELP, SFSS) into one loan type titled "Study and Training Support Loan" (STSL). This will be reflected in payroll software packages and in the ATO tax tables.
There are new STSL repayment thresholds which may result in some employees seeing a variance to their net pays in FY2020. To view these thresholds and/or for more information visit the ATO-HELP-SSL-TSL-SFSS site.
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