Medicare Levy Surcharge

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:tax_law
gptkbp:administeredBy gptkb:Australian_Taxation_Office
gptkbp:appliesTo Australian taxpayers
income exceeds threshold
residents for tax purposes
taxpayer does not have private hospital cover
gptkbp:country gptkb:Australia
gptkbp:dataCollected gptkb:tax_law
gptkbp:excludes low income earners
certain prescribed persons
https://www.w3.org/2000/01/rdf-schema#label Medicare Levy Surcharge
gptkbp:incomeThresholdFamily $186,000 (2023-24)
gptkbp:incomeThresholdSingle $93,000 (2023-24)
gptkbp:introducedIn 1997
gptkbp:purpose encourage individuals to take out private hospital cover
gptkbp:rating 1% to 1.5%
gptkbp:relatedTo Medicare Levy
gptkbp:bfsParent gptkb:Private_Health_Insurance_Rebate
gptkbp:bfsLayer 7