Medicare Levy Surcharge

Medicare Levy Surcharge

Income threshold and rates FY 2023-24

Once you determine your income for Medicare levy surcharge (MLS) purposes, you can use the MLS income threshold tables below to work out which MLS rate applies to you.

These income thresholds and MLS rates apply for the 2023–24 income year.

Use this information to work out which income threshold and MLS rate apply to you.

Income Thresholds

Family status

Base tier

Tier 1

Tier 2

Tier 3

Single threshold

$93,000 or less

$93,001 - $108,000

$108,001 - $144,000

$144,001 or more

Family threshold

$186,000 or less

$186,001-$216,000

$216,001 - $288,000

$288,001 or more

Medicare Levy Surcharge Rate FY 2023-24

 

0%

1%

1.25%

1.5%

The following are the income thresholds and Medicare Levy Surcharge rates applicable before FY 2023-24:

Income Thresholds

Singles

$0 – $90,000

$0 – $90,000

$105,001 - $140,000

$140,001 +

Couples

$0 – $180,000

$0 – $180,000

$210,001 - $280,000

$280,001 +

Medicare Levy Surcharge Rate from 2014-15 to 2022-23

 

0%

1%

1.25%

1.5%

If you have two or more dependent children, the family income threshold is increased by $1,500 for each dependent child after the first child.

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