The Medicare Levy Surcharge is 1%, 1.25% or 1.5% depending on:
The income thresholds for 2023-2024 are:
Singles
Income | Rate |
$93,000 or less | 0% |
$93,001 – $108,000 | 1.0% |
$108,001 – $144,000 | 1.25% |
$144,001 or more | 1.5% |
Single parents, Couples and Families*
Income | Rate |
$186,000 or less | 0% |
$186,001 – $216,000 | 1.0% |
$216,001 – $288,000 | 1.25% |
$288,001 or more | 1.5% |
*The family income threshold increases by $1,500 for each dependent child after the first child. However, if you have a partner, you do not have to pay the Medicare Levy Surcharge if your family income exceeds $180,000 (plus $1,500 for each dependent child after the first child) but your personal income is less than $23,365.
If you had a new partner or separated from your partner during the year:
The Australian Taxation Office will work out whether you have to pay the Medicare Levy Surcharge based on the information you provide in your tax return.