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I am part of the Young Adult Support Plan. How does the Medicare Levy Surcharge affect me?

April 26, 2017Adult affect levy medicare Plan support surcharge young

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I am part of the Young Adult Support Plan. How does the Medicare Levy Surcharge affect me?

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You need to ensure that you provide details of your own Top Extras cover and your parent’s hospital cover when completing the compulsory Medicare Levy Surcharge question on your tax return. This will ensure the Tax Department know you have appropriate hospital cover and will remove your liability for the Medicare Levy Surcharge.