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  • When is medicare levy payable

    • Medicare levy surcharge calculator...

    Medicare levy threshold

  • Medicare levy threshold
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  • Medicare levy surcharge calculator
  • Does everyone pay medicare levy
  • Do you pay medicare levy if you have private health

    • The Medicare Levy

    What is the Medicare Levy?

    Have you ever looked at your Notice of Assessment (NOA) or tax refund estimate and seen a line for the Medicare Levy? Not sure what it is?

    Don’t worry, you’re not alone and this article has got you covered.

    For most Australians, healthcare is essentially free. If you get sick, you can go to the hospital and it won’t cost you a cent.

    Who pays medicare levy

    That’s because we have the Medicare Levy, which most people pay each week from their withheld tax. This levy goes towards funding hospitals, doctors, nurses and other health related costs that come with providing free healthcare to all Australians.

    The Medicare Levy is often confused with the Medicare Levy Surcharge (MLS), which is a completely different charge to encourage those people who can afford it to take out private health cover.

    We cover more about this later in our blog.

    Who pays the Medicare Levy?

    If you earn more than $26,000 in the most recent tax year, you will pay the Medicare Levy. This is calculated quite simply, at 2% of your taxable income.

    Here are some very simple

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