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WARNING! THIS PAGE MAY NOT BE UP TO DATE
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As we no longer have the resources to keep it up to date, this website ceased to be a subscription website from March 2022
(last annual subscription accepted in December 2020)
You should not rely on it for the most up to date information. Having said that, we do update some of it from time to time.
You may still find some of it useful.
You may wish to use the atotaxrates.info website instead, which may be more up to date.
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Medicare Levy - Individuals
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* Please click on maximise [+], not the titles, to display the contents of any hidden containers *
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Medicare Levy is based on Taxable Income not Adjusted Taxable Income
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Reminder: Taxable income can be reduced by increasing allowable tax deductions and also salary sacrifice arrangements.
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Calculator
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Links to expert information on this topic
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Medicare Levy & SAPTO/SATO 2015/2016 to 2021/2022
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* Changes to the Medicare Levy are usually announced in the May Federal Budget to apply for the current financial year and subsequent years unless changed in the next Federal Budget. However typically they are changed every year.
SEE LINK ABOVE FOR RECENT THRESHOLDS AND RATES
If you qualify for ‘SAPTO’ your Medicare levy is as follows:
2021/2022
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Taxable income
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Rate of Medicare levy
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$1 - $36,925
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0
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$36,925 to $46,156
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10% of the difference between your taxable income and $36,925
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Over $46,156
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2% of your taxable income
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2020/2021
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Taxable income
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Rate of Medicare levy
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$1 - $36,705
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0
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$36,705 to $45,880
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10% of the difference between your taxable income and $36,705
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Over $45,880
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2% of your taxable income
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2019/2020
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Taxable income
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Rate of Medicare levy
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$1 - $36,056
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0
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$36,056 to $45,069
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10% of the difference between your taxable income and $36,056
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Over $45,069
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2% of your taxable income
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2018/2019
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Taxable income
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Rate of Medicare levy
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$1 - $35,418
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0
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$35,418 to $44,272
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10% of the difference between your taxable income and $35,418
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Over $44,272
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2% of your taxable income
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2017/2018
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Taxable income
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Rate of Medicare levy
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$1 - $34,758
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0
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$34,758 to $43,448
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10% of the difference between your taxable income and $34,758
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Over $43,448
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2% of your taxable income
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2016/2017
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Taxable income
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Rate of Medicare levy
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$1 - $34,244
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0
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$34,244 to $42,805
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10% of the difference between your taxable income and $34,244
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Over $42,805
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2% of your taxable income
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2015/2016
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Taxable income
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Rate of Medicare levy
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$1 - $33,738
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0
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$33,738 to $42,172
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10% of the difference between your taxable income and $33,738
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Over $42,172
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2% of your taxable income
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Medicare Levy & SAPTO/SATO 2004/2005 to 2014/2015
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* Changes to the Medicare Levy are usually announced in the May Federal Budget to apply for the current financial year and subsequent years unless changed in the next Federal Budget. However typically they are changed every year.
If you qualify for ‘SAPTO’ your Medicare levy is as follows:
2014/2015
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Taxable income
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Rate of Medicare levy
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$1 - $33,044
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0
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$33,044 to $41,304
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10% of the difference between your taxable income and $33,044
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Over $41,304
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2% of your taxable income
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2013/2014, 2012/2013
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Taxable income
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Rate of Medicare levy
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$1 - $32,279
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0
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$32,279 to $37,975
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10% of the difference between your taxable income and $32,279
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Over $37,975
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1.5% of your taxable income
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If you qualify for ‘SATO’ your Medicare levy is as follows:
* 2011/2012
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Taxable income
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Rate of Medicare levy
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$1 - $30,685
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0
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$30,686 to $36,100
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10% of the difference between your taxable income and $30,685
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Over $36,100
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1.5% of your taxable income
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2010/2011
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Taxable income
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Rate of Medicare levy
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$1 - $30,685
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0
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$30,686 to $36,100
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10% of the difference between your taxable income and $30,685
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Over $36,100
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1.5% of your taxable income
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2009/2010
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Taxable income
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Rate of Medicare levy
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$1 - $29,867
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0
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$29,868 to $35,137
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10% of the difference between your taxable income and $29,867
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Over $35,137
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1.5% of your taxable income
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2008/2009
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Taxable income
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Rate of Medicare levy
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$1 - $28,867
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0
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$28,868 to $33,961
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10% of the difference between your taxable income and $28,867
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Over $33,961
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1.5% of your taxable income
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2007/2008
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Taxable income
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Rate of Medicare levy
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$1 - $25,867
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0
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$25,868 to $30,433
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10% of the difference between your taxable income and $25,867
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Over $30,433
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1.5% of your taxable income
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2006/2007
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Taxable income
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Rate of Medicare levy
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$1 - $24,867
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0
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$24,868 to $29,255
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10% of the difference between your taxable income and $24,867
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Over $29,255
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1.5% of your taxable income
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2005/2006
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Taxable income
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Rate of Medicare levy
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$1 - $21,968
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0
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$21,969 to $23,749
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20% of the difference between your taxable income and $21,968
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Over $23,749
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1.5% of your taxable income
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2004/2005
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Taxable income
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Rate of Medicare levy
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$1 - $20,500
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0
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$20,501 to $22,162
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20% of the difference between your taxable income and $20,500
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Over $22,162
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1.5% of your taxable income
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Medicare Levy & the Pensioner Tax Offset (below age pension age)
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From 1 July 2012, individuals exempt from the Medicare levy up to the income threshold applying to recipients of the pensioner tax offset will be exempt from the Medicare levy up to the income threshold applying to individuals entitled to the SAPTO (being the income threshold that formerly applied to individuals entitled to the SATO).
If you qualify for the pensioner tax offset your Medicare levy is as follows:
2011/2012*
* Changes to the Medicare Levy are usually announced in the May Federal Budget to apply for the current financial year and subsequent years unless changed in the next Federal Budget. However typically they are changed every year.
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Taxable income
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Rate of Medicare levy
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$1 - $30,451
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0
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$30,452 to $35,824
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10% of the difference between your taxable income and $30,451
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Over $35,824
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1.5% of your taxable income
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2010/2011
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Taxable income
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Rate of Medicare levy
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$1 - $30,439
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0
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$30,440 to $35,810
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10% of the difference between your taxable income and $30,439
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Over $35,810
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1.5% of your taxable income
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2009/2010
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Taxable income
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Rate of Medicare levy
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$1 - $27,697
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0
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$27,698 to $32,584
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10% of the difference between your taxable income and $27,697
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Over $32,584
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1.5% of your taxable income
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2008/2009
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Taxable income
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Rate of Medicare levy
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$1 - $25,299
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0
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$25,300 to $29,763
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10% of the difference between your taxable income and $25,299
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Over $29,764
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1.5% of your taxable income
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2007/2008
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Taxable income
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Rate of Medicare levy
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$1 - $22,922
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0
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$22,923 to $26,966
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10% of the difference between your taxable income and $22,922
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Over $26,966
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1.5% of your taxable income
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2006/2007
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Taxable income
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Rate of Medicare levy
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$1 - $21,637
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0
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$21,638 to $25,456
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10% of the difference between your taxable income and $21,637
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Over $25,456
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1.5% of your taxable income
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2005/2006
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Taxable income
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Rate of Medicare levy
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$1 - $19,583
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0
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$19,584 to $21,171
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20% of the difference between your taxable income and $19,583
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Over $21,171
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1.5% of your taxable income
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2004/2005
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Taxable income
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Rate of Medicare levy
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$1 - $19,252
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0
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$19253 to $20,812
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20% of the difference between your taxable income and $19,252
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Over $20,812
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1.5% of your taxable income
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Medicare Levy - Other Individuals 2015/2016 to 2021/2022
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*Changes to the Medicare Levy are usually announced in the May Federal Budget to apply for the current financial year and subsequent years unless changed in the next Federal Budget. However typically they are changed every year.
SEE LINK ABOVE FOR MORE RECENT RATES AND THRESHOLDS
2021/2022
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Taxable income
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Rate of Medicare levy
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$1 - $23,365
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0
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$23,365 to $29,206
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10% of the difference between your taxable income and $23,365
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Over $29,206
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2% of your taxable income
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2020/2021
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Taxable income
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Rate of Medicare levy
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$1 - $23,226
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0
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$23,226 to $29,032
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10% of the difference between your taxable income and $23,226
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Over $29,032
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2% of your taxable income
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2019/2020
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Taxable income
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Rate of Medicare levy
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$1 - $22,801
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0
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$22,801 to $28,500
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10% of the difference between your taxable income and $22,801
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Over $28,500
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2% of your taxable income
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2018/2019
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Taxable income
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Rate of Medicare levy
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$1 - $22,398
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0
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$22,398 to $27,997
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10% of the difference between your taxable income and $22,398
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Over $27,997
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2% of your taxable income
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2017/2018
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Taxable income
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Rate of Medicare levy
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$1 - $21,980
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0
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$21,980 to $27,475
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10% of the difference between your taxable income and $21,980
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Over $27,475
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2% of your taxable income
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2016/2017
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Taxable income
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Rate of Medicare levy
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$1 - $21,655
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0
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$21,655 to $27,069
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10% of the difference between your taxable income and $21,655
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Over $27,069
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2% of your taxable income
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2015/2016
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Taxable income
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Rate of Medicare levy
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$1 - $21,335
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0
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$21,335 to $26,669
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10% of the difference between your taxable income and $21,335
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Over $26,669
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2% of your taxable income
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Medicare Levy – Other Individuals 2004/2005 to 2014/2015
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*Changes to the Medicare Levy are usually announced in the May Federal Budget to apply for the current financial year and subsequent years unless changed in the next Federal Budget. However typically they are changed every year.
2014/2015
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Taxable income
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Rate of Medicare levy
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$1 - $20,896
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0
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$20,896 to $26,120
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10% of the difference between your taxable income and $20,896
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Over $26,120
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2% of your taxable income
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2013/2014, 2012/2013
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Taxable income
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Rate of Medicare levy
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$1 - $20,542
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0
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$20,543 to $24,167
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10% of the difference between your taxable income and $20,542
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Over $24,167
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1.5% of your taxable income
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2011/2012
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Taxable income
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Rate of Medicare levy
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$1 - $19,404
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0
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$19,405 to $22,828
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10% of the difference between your taxable income and $19,404
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Over $22,828
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1.5% of your taxable income
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2010/2011
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Taxable income
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Rate of Medicare levy
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$1 - $18,839
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0
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$18,840 to $22,163
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10% of the difference between your taxable income and $18,839
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Over $22,163
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1.5% of your taxable income
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2009/2010
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Taxable income
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Rate of Medicare levy
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$1 - $18,488
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0
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$18,489 to $21,750
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10% of the difference between your taxable income and $18,488
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Over $21,750
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1.5% of your taxable income
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2008/2009
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Taxable income
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Rate of Medicare levy
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$1 - $17,794
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0
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$17,795 to $20,934
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10% of the difference between your taxable income and $17,794
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Over $20,935
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1.5% of your taxable income
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2007/2008
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Taxable income
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Rate of Medicare levy
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$1 - $17,309
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0
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$17,310 to $20,363
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10% of the difference between your taxable income and $17,309
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Over $20,363
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1.5% of your taxable income
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2006/2007
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Taxable income
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Rate of Medicare levy
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$1 - $16,740
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0
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$16,741 to $19,694
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10% of the difference between your taxable income and $16,740
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Over $19,694
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1.5% of your taxable income
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2005/2006
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Taxable income
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Rate of Medicare levy
|
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$1 - $16,284
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0
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$16,285 to $17,604
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20% of the difference between your taxable income and $16,284
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Over $17,604
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1.5% of your taxable income
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2004/2005
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Taxable income
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Rate of Medicare levy
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$1 - $15,902
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0
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$15,903 to $17,190
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20% of the difference between your taxable income and $15,902
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Over $17,191
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1.5% of your taxable income
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|
Medicare Levy & Pensioner Tax Offset (below age pension age)
|
|
|
From 1 July 2012, individuals exempt from the Medicare levy up to the income threshold applying to recipients of the pensioner tax offset will be exempt from the Medicare levy up to the income threshold applying to individuals entitled to the SAPTO (being the income threshold that formerly applied to individuals entitled to the SATO).
If you qualify for the pensioner tax offset your Medicare levy is as follows:
2011/2012*
* Changes to the Medicare Levy are usually announced in the May Federal Budget to apply for the current financial year and subsequent years unless changed in the next Federal Budget. However typically they are changed every year.
|
Taxable income
|
Rate of Medicare levy
|
|
$1 - $30,451
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0
|
|
$30,452 to $35,824
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10% of the difference between your taxable income and $30,451
|
|
Over $35,824
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1.5% of your taxable income
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2010/2011
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Taxable income
|
Rate of Medicare levy
|
|
$1 - $30,439
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0
|
|
$30,440 to $35,810
|
10% of the difference between your taxable income and $30,439
|
|
Over $35,810
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1.5% of your taxable income
|
2009/2010
|
Taxable income
|
Rate of Medicare levy
|
|
$1 - $27,697
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0
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$27,698 to $32,584
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10% of the difference between your taxable income and $27,697
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Over $32,584
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1.5% of your taxable income
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2008/2009
|
Taxable income
|
Rate of Medicare levy
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$1 - $25,299
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0
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$25,300 to $29,763
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10% of the difference between your taxable income and $25,299
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Over $29,764
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1.5% of your taxable income
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2007/2008
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Taxable income
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Rate of Medicare levy
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$1 - $22,922
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0
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$22,923 to $26,966
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10% of the difference between your taxable income and $22,922
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Over $26,966
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1.5% of your taxable income
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2006/2007
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Taxable income
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Rate of Medicare levy
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$1 - $21,637
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0
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$21,638 to $25,456
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10% of the difference between your taxable income and $21,637
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Over $25,456
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1.5% of your taxable income
|
2005/2006
|
Taxable income
|
Rate of Medicare levy
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|
$1 - $19,583
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0
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$19,584 to $21,171
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20% of the difference between your taxable income and $19,583
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Over $21,171
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1.5% of your taxable income
|
2004/2005
|
Taxable income
|
Rate of Medicare levy
|
|
$1 - $19,252
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0
|
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$19253 to $20,812
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20% of the difference between your taxable income and $19,252
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|
Over $20,812
|
1.5% of your taxable income
|
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This page was last edited on 14 January 2024
Fdbco.au - An Online Quick Reference Library for Tax Agents and Financial Planners
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