Get on top of the Medicare Levy Surcharge for next financial year

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How might MLS affect you?

You could pay more than $900 extra tax each year if you earn over $90,000 as a single or $180,000 as a couple or family, and don’t have private hospital cover.

Find out if you can avoid the MLS tax next financial year.

The Medicare Levy Surcharge is a 1% to 1.5% tax that you have to pay if your annual income is over $90,000 as a single, or $180,000 as a couple or family, and you’re not currently covered by an eligible health insurance policy.

Why it can pay to have private health cover

If you earn over the Medicare Levy Surcharge income thresholds, you could be paying a minimum of $900 each year in additional tax as a single, or $1,800 each year as a family – simply because you’re not covered by an appropriate level of private health insurance.

Source: MLS, privatehealth.gov.au

*iSelect does not compare all health insurance providers or policies in the market. The availability of policies will change from time to time. Not all policies made available from its providers are compared by iSelect and due to commercial arrangements, your stated needs and circumstances, not all policies compared by iSelect are available to all customers. Some policies and special offers are available only from iSelect’s contact centre or website. Click here to view iSelect's range of providers
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