Medicare Levy Thresholds 2012-13

Medicare Levy low income thresholds for 2012-13 were initially set as part of the package of family assistance measures associated with the introduction of the carbon tax.

The thresholds are indexed annually.

Basic rules:

• Incomes below the thresholds are free of the Medicare Levy.
• Incomes over the threshold pay a levy of 10% of the excess, until the amount reaches the normal rate of 1.5% of income
• For families, the lower threshold is increased by the amount of $3094 per dependent child (up from $3,007 in the previous year).

Low income 10% shade-in  — Families shade-in formula

See also

• Are you eligible to claim the Private Health Insurance tax offset?  –  the Private Health Insurance tax offset is an income tested rebate of tax of up to 40% of your private health insurance premiums.
• Medicare Levy
• Medical expenses offset

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This page was last modified on 10 August 2015