Navigating Eligibility: Medicare Levy Exemptions

Navigating Eligibility: Medicare Levy Exemptions

The Medicare levy, an additional payment atop your taxable income tax, serves to support Australia’s public health system, Medicare. Ordinarily, your employer includes this levy, typically set at 2% of your taxable income, in the pay-as-you-go amount withheld from your salary or wages. But what about the additional Medicare levy surcharge (MLS)? You’ll encounter the…