Medicare Levy

The Medicare Levy is a charge levied on almost all Australian taxpayers to help fund the Australian Medicare system.

The charge is currently 1.5% of taxable income, 2009/2010.

There are exemptions to this rebate based on low incomes etc.

Related Links:

• Income Tax
• Medicare Levy Surcharge
• Lifetime Health Cover
• Private Health Insurance Rebate

Sources:

• ato.gov.au – Medicare Levy