The amount that a person is liable to pay under section 154 - 1, in respect of an * income year, is an amount equal to so much of the person's * repayable debt for the income year as does not exceed the percentage of the person's * repayment income that is applicable under the following table:
Applicable percentages | ||
Item | If the person's repayment income is: | The percentage applicable is: |
1 | More than the * minimum repayment income, but less than: (a) for the 2019 - 20 * income year--$52,974; or (b) for a later income year--that amount indexed under section 154 - 25. | 1% |
2 | More than or equal to the amount under item 1, but less than: (a) for the 2019 - 20 * income year--$56,152; or (b) for a later income year--that amount indexed under section 154 - 25. | 2% |
3 | More than or equal to the amount under item 2, but less than: (a) for the 2019 - 20 * income year--$59,522; or (b) for a later income year--that amount indexed under section 154 - 25. | 2.5% |
4 | More than or equal to the amount under item 3, but less than: (a) for the 2019 - 20 * income year--$63,093; or (b) for a later income year--that amount indexed under section 154 - 25. | 3% |
5 | More than or equal to the amount under item 4, but less than: (a) for the 2019 - 20 * income year--$66,878; or (b) for a later income year--that amount indexed under section 154 - 25. | 3.5% |
6 | More than or equal to the amount under item 5, but less than: (a) for the 2019 - 20 * income year--$70,891; or (b) for a later income year--that amount indexed under section 154 - 25. | 4% |
7 | More than or equal to the amount under item 6, but less than: (a) for the 2019 - 20 * income year--$75,145; or (b) for a later income year--that amount indexed under section 154 - 25. | 4.5% |
8 | More than or equal to the amount under item 7, but less than: (a) for the 2019 - 20 * income year--$79,653; or (b) for a later income year--that amount indexed under section 154 - 25. | 5% |
9 | More than or equal to the amount under item 8, but less than: (a) for the 2019 - 20 * income year--$84,433; or (b) for a later income year--that amount indexed under section 154 - 25. | 5.5% |
10 | More than or equal to the amount under item 9, but less than: (a) for the 2019 - 20 * income year--$89,499; or (b) for a later income year--that amount indexed under section 154 - 25. | 6% |
11 | More than or equal to the amount under item 10, but less than: (a) for the 2019 - 20 * income year--$94,869; or (b) for a later income year--that amount indexed under section 154 - 25. | 6.5% |
12 | More than or equal to the amount under item 11, but less than: (a) for the 2019 - 20 * income year--$100,561; or (b) for a later income year--that amount indexed under section 154 - 25. | 7% |
13 | More than or equal to the amount under item 12, but less than: (a) for the 2019 - 20 * income year--$106,594; or (b) for a later income year--that amount indexed under section 154 - 25. | 7.5% |
14 | More than or equal to the amount under item 13, but less than: (a) for the 2019 - 20 * income year--$112,990; or (b) for a later income year--that amount indexed under section 154 - 25. | 8% |
15 | More than or equal to the amount under item 14, but less than: (a) for the 2019 - 20 * income year--$119,770; or (b) for a later income year--that amount indexed under section 154 - 25. | 8.5% |
16 | More than or equal to the amount under item 15, but less than: (a) for the 2019 - 20 * income year--$126,956; or (b) for a later income year--that amount indexed under section 154 - 25. | 9% |
17 | More than or equal to the amount under item 16, but less than: (a) for the 2019 - 20 * income year--$134,573; or (b) for a later income year--that amount indexed under section 154 - 25. | 9.5% |
18 | More than or equal to the amount under item 17. | 10% |