Medicare Levy Surcharge

The following link is a guide outlining everything you need to know about the Medicare Levy Surcharge. These limits apply to those who currently do not have an adequate levy of Private Hospital Insurance.

https://www.ato.gov.au/Individuals/Medicare-levy/Medicare-levy-surcharge/Income-thresholds-and-rates-for-the-Medicare-levy-surcharge/

 

Division 293

This applies to taxpayers earning in excess of $250,000 pa including Superannuation Guarantee.

https://www.ato.gov.au/Individuals/Super/In-detail/Growing-your-super/Division-293-tax—information-for-individuals/?page=6