Note: having ambulance or extras cover does not count as having adequate private hospital cover, nor does having travel insurance.
This is your gross income, or your income before taxes, deductions, and allowances have been subtracted.
Note: includes any reportable fringe benefits of $1,000 or more
This is your partners gross income, or your partners income before taxes, deductions, and allowances have been subtracted.
Note: includes any reportable fringe benefits of $1,000 or more
You will have to pay the Medicare Levy Surcharge for any period during a financial year that you or any of your dependants did not have adequate private hospital hospital cover with a registered health fund.
It is possible that both the single and family surcharge thresholds applied to you at different periods during a financial year because your circumstances changed during the year. However, the above calculation is based on only if one of the surcharge thresholds - single or family - applied to you for the whole of a financial year.
Whilst this site attempts to provide the most accurate information, it does not form a legal document (or similar) for tax or legal purposes, etc. The resulting amount shown above is also subject to the Australian Taxation Office's Medicare Levy Surcharge terms and conditions.
For definitive or detailed information on the Medicare Levy Surcharge, please visit the Federal Government's Australian Taxation Office (ATO) website, contact ATO on 13 28 61, or consult a tax professional.
You will have to pay the Medicare Levy Surcharge for any period during a financial year that you or any of your dependants did not have adequate private hospital hospital cover with a registered health fund.
It is possible that both the single and family surcharge thresholds applied to you at different periods during a financial year because your circumstances changed during the year. However, the above calculation is based on only if one of the surcharge thresholds - single or family - applied to you for the whole of a financial year.
Whilst this site attempts to provide the most accurate information, it does not form a legal document (or similar) for tax or legal purposes, etc. The resulting amount shown above is also subject to the Australian Taxation Office's Medicare Levy Surcharge terms and conditions.
For definitive or detailed information on the Medicare Levy Surcharge, please visit the Federal Government's Australian Taxation Office (ATO) website, contact ATO on 13 28 61, or consult a tax professional.
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