Tax Access
Home About Us Contact    
 
Knowledge Management Guide
Medicare Levy Surcharge
Tax Office Hot Spots
 
 
Medicare Levy Surcharge
Did you know you could reduce your tax?

If you don’t have private hospital cover you may be paying the extra 1% Medicare levy surcharge on top of the 1.5% Medicare levy you already pay.

This may relate to you if you are:

  • single and earning a total taxable income over $50,000 p.a or;
  • couple earning a total taxable income over $100,000 p.a.

You could be paying over $500 per year extra in tax if you’re single or over $1,000 per year extra if you’re a couple.

ASX
ASIC
ATO
OCBA
White Pages
Yellow Pages
 
 

 
Professional National Accountant
PNA Member of the National Institute Of Accountants