Menu

Tax Facts - Medicare Levy

The Medicare Levy is a tax Australian residents pay to cover health care charges. It is payable on taxable income, in addition to income tax. Individuals and families on higher incomes who do not have an appropriate level of private hospital cover may have to pay the Medicare levy surcharge.

For the 2014-15 and later income years, Medicare Levy is usually calculated at 2% of taxable income. A reduction in the rate is available for people on low incomes and an exemption is available for people in certain categories.

Medicare Levy Calculator is available on the Australian Taxation Office (ATO) web site to help you work out your obligation.

MORE: See the Medicare Levy Essentials section of the ATO web site.

Business Services

Read More

Taxation Lodgement

Read More

Specialist Services

Read More

Meet The Team

Cathrine Greven
Director
FIND OUT MORE
Rachel Marett
Client Services Officer
FIND OUT MORE
Jessye Gelder
Administration Assistant
FIND OUT MORE
Zak Mildren
Junior Paraplanner
FIND OUT MORE
Linda Gardiner
Accountant
FIND OUT MORE
Ratana Ravuth
Client Services Officer- Accounting
FIND OUT MORE

Cathy's Blog

Latest News from around the Nation | RSS

Contact / Connect