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What do the changes to the Medicare Levy Surcharge mean?

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What do the changes to the Medicare Levy Surcharge mean?

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The Medicare Levy Surcharge is an extra 1% in tax that some people, who earn over a particular amount, have to pay if they don’t have private health insurance. For some people, the proposed changes may mean it is more expensive to pay the extra surcharge than it is to maintain your health insurance. (We recommend you seek financial advice).

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The Medicare Levy Surcharge is an extra tax that some people, who earn over a particular amount, have to pay if they don’t have private health insurance. For some people, the proposed changes may mean it is more expensive to pay the extra surcharge than it is to maintain your health insurance.

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