Hi,
My income is <$90K/year, but the total income for me and my husband is >$180K/year.
So if I purchase a private insurance for myself only (my husband doesn't want a private insurance), will I get the base tier rebate or tier 1 rebate?
You both have to have it or you will both pay Medicare Levy Surcharge also.
Rebate is based on family income for couples
You both have to have it or you will both pay Medicare Levy Surcharge also.
Hi @Cali,
As @SM3204 has mentioned, the rebate is calculated based on a 'family income threshold'. So if you had a spouse on the last day of the income year (30 June), then your income is tested against the family income threshold.
With the information you've provided above, the Tier 1 rebate applies for family incomes between $[TFN removed by moderator],000.
And thanks to @macfanboy for highlighting this important piece of information as well; the MLS will apply if the combined income is greater than $180,000 and both yourself and your partner don't have appropriate private health insurance.
I've found a previous post from the forum that offers a detailed explanation, and I'll include the link below for you to check out.
ATO Website- Family Income Thresholds
Forum post- Private Healthcare/ Medicare Levy Surcharge/ Rebate
RachATO
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