diff --git a/austax/reports.py b/austax/reports.py
index 2b441ff..d415ab5 100644
--- a/austax/reports.py
+++ b/austax/reports.py
@@ -78,7 +78,7 @@ def study_loan_repayment(year, taxable_income, rfb_grossedup):
 	repayment_income = taxable_income + rfb_grossedup
 	
 	for upper_limit, rate in repayment_rates[year]:
-		if upper_limit is None or repayment_income.quantity <= upper_limit * (10**AMOUNT_DPS):
+		if upper_limit is None or repayment_income.quantity < upper_limit * (10**AMOUNT_DPS):
 			return Amount(rate * repayment_income.quantity, reporting_commodity())
 
 @assert_aud
diff --git a/austax/tax_tables.py b/austax/tax_tables.py
index 2bc6b33..b1fa9cd 100644
--- a/austax/tax_tables.py
+++ b/austax/tax_tables.py
@@ -1,5 +1,5 @@
 #   DrCr: Web-based double-entry bookkeeping framework
-#   Copyright (C) 2022–2023  Lee Yingtong Li (RunasSudo)
+#   Copyright (C) 2022–2024  Lee Yingtong Li (RunasSudo)
 #
 #   This program is free software: you can redistribute it and/or modify
 #   it under the terms of the GNU Affero General Public License as published by
@@ -40,23 +40,23 @@ base_tax = {
 repayment_rates = {
 	2024: [
 		(51550, 0),
-		(59518, 0.01),
-		(63089, 0.02),
-		(66875, 0.025),
-		(70888, 0.03),
-		(75140, 0.035),
-		(79649, 0.04),
-		(84429, 0.045),
-		(89494, 0.05),
-		(94865, 0.055),
-		(100557, 0.06),
-		(106590, 0.065),
-		(112985, 0.07),
-		(119764, 0.075),
-		(126950, 0.08),
-		(134568, 0.085),
-		(142642, 0.09),
-		(151200, 0.095),
+		(59519, 0.01),
+		(63090, 0.02),
+		(66876, 0.025),
+		(70889, 0.03),
+		(75141, 0.035),
+		(79650, 0.04),
+		(84430, 0.045),
+		(89495, 0.05),
+		(94866, 0.055),
+		(100558, 0.06),
+		(106591, 0.065),
+		(112986, 0.07),
+		(119765, 0.075),
+		(126951, 0.08),
+		(134569, 0.085),
+		(142643, 0.09),
+		(151201, 0.095),
 		(None, 0.1)
 	],
 	2023: [