Question: Client has PAYG income and investment loss, but at the report it shows no repayment for student loan in FY 2019,2020. Repayment income includes the investment loss which is not taken into account in LodgeiT which result in no repayment.
Answer: Taxpayer is entitled to a reduction of the Medicare levy. Hence compulsory repayment isn’t paid. https://www.ato.gov.au/individuals/study-and-training-support-loans/compulsory-repayments/
