Why would I incur an extra Medicare levy called Medicare Levy Surcharge?
Individuals and families on incomes above the Medicare Levy Surcharge (MLS) thresholds, who do not have private patient hospital cover pay MLS for any period during 2008-09 that they did not have this cover. The Tax Office calculates MLS at the rate of 1% of your taxable income. The MLS is in addition to the 1.5% Medicare levy. These thresholds for individuals and families have increased since 1 July 2008.
