When you are require to pay Medicare Levy Surcharge, the amount payable will be calculated based on the following rates and thresholds:
| TAXABLE INCOME | BASE TIER | TIER 1 | TIER 2 | TIER 3 | |||||||
| FINANCIAL YEAR 2024-25 | SINGLE THRESHOLD | $ 97.000 OR LESS | $ 97.001 - $ 113.000 | $ 113.001 - $ 151.000 | $ 151.001 OR MORE | ||||||
| FAMILI THERSHOLD | $ 194.000 OR LESS | $ 194.001 - $ 226.000 | $ 226.001 - $ 302.000 | $ 302.001 OR MORE | |||||||
| MEDICARE LEVY SURCHARGE % | 0.00% | 1.00% | 1.25% | 1.50% | |||||||
| FINANCIAL YEAR 2023-24 | SINGLE THRESHOLD | $ 93.000 OR LESS | $ 93.001 - $ 108.000 | $ 108.001 - $ 144.000 | $ 144.001 OR MORE | ||||||
| FAMILI THERSHOLD | $ 186.000 OR LESS | $ 186.001 - $ 216.000 | $ 216.001 - $ 288.000 | $ 288.001 OR MORE | |||||||
| MEDICARE LEVY SURCHARGE % | 0.00% | 1.00% | 1.25% | 1.50% | |||||||
| FINANCIAL YEAR 2014-15 TO 2022-23 | SINGLE THRESHOLD | $ 90.000 OR LESS | $ 90.001 - $ 105.000 | $ 105.001 - $ 140.000 | $ 140.001 OR MORE | ||||||
| FAMILI THERSHOLD | $ 180.000 OR LESS | $ 180.001 - $ 210.000 | $ 210.001 - $ 280.000 | $ 280.001 OR MORE | |||||||
| MEDICARE LEVY SURCHARGE % | 0.00% | 1.00% | 1.25% | 1.50% | |||||||
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