Medicare Levy Surcharge (MLS)
DID YOU KNOW that if you are earning more than $90,000 (single) or $180,000 (couple) and do not hold an appropriate level of private patient hospital cover, you might be liable for an extra tax of up to 1.5% of your income?
This is called the Medicare Levy Surcharge (MLS).
The MLS is designed to encourage these people to take out private patient hospital cover and use the private hospital system to reduce demand on the public Medicare system.
Contact us today to find out how you can avoid paying the Medicare Levy Surcharge or to compare your private health cover to see if it remains competitive in terms of pricing and service offering.