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Emily_281(I'm new)I'm new
14 Aug 2023

My partner and I's combined income is likely to be over 280k this financial year. Is there an upper limit to being able to reduce the Medicare Levy Surchage through the private health insurance rebate?

Thanks

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2 replies
348 views
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Most helpful reply

DanielleATO(Community Support)Community Support
14 Aug 2023

Hi @Emily_281,


There is no upper limit, tier 3 is $280,001 or more at 1.5% for the 2023 FY.


If you must pay the Medicare levy, you may have to pay the Medicare levy surcharge (MLS) if both:

- you, your spouse and your dependent children do not have an appropriate level of private patient hospital cover

- you earn above a certain income.


If you are unsure if MLS will apply; you can have a look at the appropriate level of private patient hospital cover to check.

All replies

Most helpful reply

DanielleATO(Community Support)Community Support
14 Aug 2023

Hi @Emily_281,


There is no upper limit, tier 3 is $280,001 or more at 1.5% for the 2023 FY.


If you must pay the Medicare levy, you may have to pay the Medicare levy surcharge (MLS) if both:

- you, your spouse and your dependent children do not have an appropriate level of private patient hospital cover

- you earn above a certain income.


If you are unsure if MLS will apply; you can have a look at the appropriate level of private patient hospital cover to check.

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Medicare Levy Surcharge - Over 280k family income | ATO Community