Medicare Levy Surcharge Income Margins 2011

The Medicare Levy Surcharge of 1% still applies to taxable income.

You are exempt from the surcharge if you have private hospital cover for 365 days. If number of days is less than 365 days the surcharge is portioned on number of days you had private hospital cover (this information is available from the statement issued by the fund).

Where you are not exempt from the Medicare Levy Surcharge, the margin of income applicable to Medicare Levy Surcharge 2011 has changed as follows:

  • Single - Your income for MLS purposes was $77,000 or less, and for the whole of 2010–11, you were single without a dependent child.
  • You were single with a dependent child and your income for MLS purposes was $154,000 or less (plus $1,500 for each dependent child after the first).
  • Part of year single - Your income for MLS purposes was $154,000 or less, and: for part of 2010–11 you were single; your spouse did not die during the year, and for the whole of the year you did not have a dependent child.
  • Married - You had a spouse (with or without dependent children), and your combined income for MLS purposes was $154,000 or less (plus $1,500 for each dependent child after the first).

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