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How to negotiate your overseas repayments

If you're not on a repayment holiday and think you won't be able to afford to meet your overseas-based repayment obligation due to financial difficulty, you might be able to repay less for the tax year.

What you need to do

You need to repay your overseas-based repayment obligation in full by the final instalment date (31 March).

If you're unable to make your repayment, contact us as soon as possible. Don't wait until the due date for your repayment has passed.

You'll need to provide details of your income, expenses, assets, liabilities and what you can afford to repay while you're overseas. You can either:

  • put this into writing, or
  • complete the Student loan overseas-based repayment application (IR219) form.

What happens next

We'll review your current circumstances and determine the best option for dealing with the amount due. You may be able to repay the amount in instalments, or we may reduce the amount you need to pay for the current tax year.

We'll let you know if we accept a lower repayment amount, and we'll confirm how much it will be.

Find out more

Repayments from overseas

Next steps

Difficulties making repayments

 


Date published: 08 Apr 2009

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