The Medicare Levy Surcharge is paid by high income earners (that’s singles who earn over $97,000 and families that earn over $194,000 in the financial year) who don’t have private hospital cover.
The surcharge is between 1% and 1.5% (depending on your household income) and is paid on top of the 2% Medicare Levy paid by most Australian tax payers.
Work out the surcharge you’ll have to pay if you don’t have hospital cover
|
Step 1: Income Threshold |
Medicare Levy Surcharge | |
|---|---|---|
| Base Tier | Single |
0% |
| Tier 1 | Single |
1% |
| Tier 2 | Single |
1.25% |
| Tier 3 | Single |
1.5% |
*If you're a family with children, the income threshold for each tier is increased by $1,500 for every child after your first.
Family includes couples and single parent families.