Client Login
Login to access your personalised secure area of our website where you can view, download, and print documents such as reports.

If you would like to register for access, click here.

Login

Tax Facts - Medicare Levy

The Medicare Levy is a tax payable by Australian residents 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.

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

MORE: See the Medicare and private health insurance section of the ATO web site.

Liability limited by a scheme approved under Professional Standards Legislation

Copyright  Quantum X ©      /     Disclaimer     /     Site Map     /     Online software for accountants by Wolters Kluwer

Photos: Local photographs kindly supplied by staff, clients & Bruce Nixon.