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Who must pay the Medicare Levy Surcharge?

levy medicare pay surcharge
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Who must pay the Medicare Levy Surcharge?

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You have to pay the MLS if you do not have an eligible private hospital insurance policy and have an annual taxable income* of greater than $77,000 for singles or greater than $154,000 for families. The family income threshold increases by $1,500 for each dependent child after the first. So singles with an MLS liability can expect to pay an extra tax of at least $770 pa and families will pay $1540 pa or more. * including Reportable Fringe Benefits Note: These thresholds will be indexed in future to keep pace with changes to average wages. Please refer back to this site for current thresholds.

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