Menu
You are here: Home > Resources > Tax Facts

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 Levy Essentials section of the ATO web site.

RESOURCES

Click the links below to view our handy online tools and resources.
Key Dates Internet Links
Tax Facts Articles & Video
FAQs
CONTACT US

Capalaba, Suite 3, 1/76 Old Cleveland Rd,
Brisbane QLD 4157
Australia
 Phone: (07) 3395 5444
F: (07) 3395 5400
LATEST NEWS | RSS