What Is the Medicare Levy?
The Medicare Levy helps fund Australia’s public healthcare system. Most taxpayers pay 2% of their taxable income.
Who Pays It?
If your income exceeds the threshold ($24,276 for singles in 2024–25), you’ll likely pay the levy. Families have higher thresholds.
Medicare Levy Surcharge
If you earn over $90,000 and don’t have private hospital cover, you may pay an additional surcharge of 1–1.5%.
Exemptions
- Low-income earners
- Foreign residents
- Individuals with medical exemptions
How to Check
Use the ATO’s Medicare Levy Calculator to see if you qualify for an exemption or reduction.