Medicare Levy

What is the Medicare Levy

By Warren Kruger / January 17, 2019 / 0 Comments

Quite often we are asked about the Medicare Levy. Common questions are “What is it?”, “Why do I have to pay it” and “Is there a way I can avoid paying it”. So we’ve broken it down for you below.  What is Medicare Levy? Australian Residents are entitled to Medicare benefits which is access to […]

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Medicare levy surcharge, thresholds and rates

By Warren Kruger / July 27, 2016 / 0 Comments

Different Medicare levy surcharge thresholds and rates apply to individuals and families. We use a special definition of income (called income for MLS purposes) to determine whether you are liable to pay the Medicare levy surcharge and the rate you will have to pay. What is included in income for MLS purposes? If you have […]

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Private Health Insurance Rebate and Medicare Levy Surcharge

By Warren Kruger / August 12, 2015 / 0 Comments

If you have private health insurance cover, you may be eligible for the private health insurance (PHI) rebate. Most people claim the rebate as a reduction in the amount of premiums they pay to their insurer. The rebate is income tested, which means that if you have a higher income, your rebate entitlement may be […]

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What Is The Medicare Levy Surcharge

By Warren Kruger / July 8, 2015 / 0 Comments

What is the Medicare levy surcharge and what is it for? The Medicare levy surcharge (MLS) is designed to reduce the demand on the public Medicare system. You will be required to pay the MLS if your income for MLS purposes is above the base income threshold and you or your family do not have […]

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