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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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* Please click on maximise [+], not the titles, to display the contents of any hidden containers *
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Links to expert information on this topic
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Calculator
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Medicare Levy - Families - SAPTO 2012/2013 to 2021/2022
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SEE LINK ABOVE FOR MOST RECENT THRESHOLDS AND RATES
Family “taxable income” thresholds if you qualify for SAPTO:
2021/2022
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Number of dependent children or students
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Lowerincomelimit(1)
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Upperincomelimit(2)
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0
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$51,401
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$64,251
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1
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$55,019
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$68,774
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2
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$58,638
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$73,297
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3
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$62,256
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$77,820
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4
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$65,874
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$82,343
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,618
> the upper income limit increases by $4,523.
Family “taxable income” thresholds if you qualify for SAPTO:
2020/2021
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$51,094
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$63,867
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1
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$54,691
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$68,364
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2
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$58,288
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$72,860
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3
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$61,885
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$77,356
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4
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$65,482
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$81,852
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,597.
> the upper income limit increases by $4,496.
2019/2020
|
Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$50,191
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$62,738
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1
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$53,724
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$67,155
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2
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$57,257
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$71,572
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3
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$60,790
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$75,988
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4
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$64,323
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$80,403
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,533.
> the upper income limit increases by $4,417.
2018/2019
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$49,304
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$61,630
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1
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$52,775
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$65,969
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2
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$56,246
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$70,307
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3
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$59,717
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$74,646
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4
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$63,188
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$78,985
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,471.
> the upper income limit increases by $4,339.
2017/2018
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$48,385
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$60,481
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1
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$51,791
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$64,739
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2
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$55,197
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$68,997
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3
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$58,603
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$73,255
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4
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$62,009
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$77,513
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,406.
> the upper income limit increases by $4,258.
2016/2017
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$47,670
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$59,587
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1
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$51,026
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$63,782
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2
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$54,382
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$67,977
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3
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$57,738
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$72,172
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4
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$61,094
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$76,367
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,356.
> the upper income limit increases by $4,195.
2015/2016
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$46,966
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$58,707
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1
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$50,272
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$62,840
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2
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$53,578
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$66,972
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3
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$56,884
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$71,105
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4
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$60,190
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$75,237
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,306.
> the upper income limit increases by $4,132.
2014/2015
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$46,000
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$57,500
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1
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$49,238
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$61,547
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2
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$52,476
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$65,594
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3
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$55,714
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$69,641
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4
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$58,952
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$73,688
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 2% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,238.
> the upper income limit increases by $4,047.
2013/2014
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$46,000
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$54,117
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1
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$49,156
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$57,830
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2
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$52,312
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$61,543
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3
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$55,468
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$65,256
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4
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$58,624
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$68,969
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,156.
> the upper income limit increases by $3,713.
2012/2013
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Number of dependent children or students
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Lower income limit (1)
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Upper income limit (2)
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0
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$46,000
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$54,117
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1
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$49,094
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$57,757
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2
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$52,188
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$61,397
|
|
3
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$55,282
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$65,037
|
|
4
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$58,376
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$68,677
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(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,094.
> the upper income limit increases by $3,640.
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Medicare Levy - Families - Other 2012/2013 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 THRESHOLDS AND RATES
Family “taxable income” thresholds if you do NOT qualify for SAPTO (SATO).
2021/2022
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Number of dependent children or students
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Lowerincomelimit(1)
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Upperincomelimit(2)
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0
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$39,402
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$49,252
|
|
1
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$43,020
|
$53,775
|
|
2
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$46,638
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$58,298
|
|
3
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$50,257
|
$62,821
|
|
4
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$53,875
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$67,344
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,618.
> the upper income limit increases by $4,523.
2020/2021
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$39,167
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$48,959
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|
1
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$42,764
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$53,455
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|
2
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$46,361
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$57,951
|
|
3
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$49,958
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$62,448
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|
4
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$53,555
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$66,944
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,597.
> the upper income limit increases by $4,496.
2019/2020
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$38,474
|
$48,092
|
|
1
|
$42,007
|
$52,509
|
|
2
|
$45,540
|
$56,925
|
|
3
|
$49,073
|
$61,341
|
|
4
|
$52,606
|
$65,758
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,533.
> the upper income limit increases by $4,417.
2018/2019
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$37,794
|
$47,242
|
|
1
|
$41,265
|
$51,581
|
|
2
|
$44,736
|
$55,920
|
|
3
|
$48,207
|
$60,259
|
|
4
|
$51,678
|
$64,598
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,471.
> the upper income limit increases by $4,339.
2017/2018
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$37,089
|
$46,361
|
|
1
|
$40,495
|
$50,619
|
|
2
|
$43,901
|
$54,877
|
|
3
|
$47,307
|
$59,135
|
|
4
|
$50,713
|
$63,393
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,406.
> the upper income limit increases by $4,258.
2016/2017
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$36,541
|
$45,676
|
|
1
|
$39,897
|
$49,871
|
|
2
|
$43,253
|
$54,066
|
|
3
|
$46,609
|
$58,261
|
|
4
|
$49,965
|
$62,456
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,356.
> the upper income limit increases by $4,195.
2015/2016
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$36,001
|
$45,002
|
|
1
|
$39,307
|
$49,133
|
|
2
|
$42,613
|
$53,266
|
|
3
|
$45,919
|
$57,399
|
|
4
|
$49,225
|
$61,531
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,306.
> the upper income limit increases by $4,132.
2014/2015
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$35,261
|
$44,076
|
|
1
|
$38,499
|
$48,123
|
|
2
|
$41,737
|
$52,170
|
|
3
|
$44,975
|
$56,217
|
|
4
|
$48,213
|
$60,264
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 2% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,238.
> the upper income limit increases by $4,047.
2013/2014
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$34,367
|
$40,432
|
|
1
|
$37,523
|
$44,145
|
|
2
|
$40,679
|
$47,858
|
|
3
|
$43,835
|
$51,571
|
|
4
|
$46,991
|
$55,284
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,156.
> the upper income limit increases by $3,713.
2012/2013
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$33,693
|
$39,639
|
|
1
|
$36,787
|
$43,279
|
|
2
|
$39,881
|
$46,919
|
|
3
|
$42,975
|
$50,559
|
|
4
|
$46,069
|
$54,199
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,094.
> the upper income limit increases by $3,640.
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Medicare Levy – Families – SATO up to 30/06/12
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Family “taxable income” thresholds if you qualify for SATO:
2011/2012
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$44,500
|
$52,352
|
|
1
|
$47,507
|
$55,890
|
|
2
|
$50,514
|
$59,428
|
|
3
|
$53,521
|
$62,966
|
|
4
|
$56,528
|
$66,504
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $3,007.
> the upper income limit increases by $3,538.
2010/2011
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$44,500
|
$52,352
|
|
1
|
$47,419
|
$55,787
|
|
2
|
$50,338
|
$59,221
|
|
3
|
$53,257
|
$62,655
|
|
4
|
$56,176
|
$66,089
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $2,919.
> the upper income limit increases by $3,434.
2009/2010
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$43,500
|
$51,177
|
|
1
|
$46,365
|
$54,547
|
|
2
|
$49,230
|
$57,917
|
|
3
|
$52,095
|
$61,287
|
|
4
|
$54,960
|
$64,657
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $2,865.
> the upper income limit increases by $3,370.
2008/2009
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$42,000
|
$49,412
|
|
1
|
$44,757
|
$52,655
|
|
2
|
$47,514
|
$55,898
|
|
3
|
$50,271
|
$59,141
|
|
4
|
$53,028
|
$62,384
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $2,757.
> the upper income limit increases by $3,243.
2007/2008
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$37,950
|
$44,647
|
|
1
|
$40,632
|
$47,802
|
|
2
|
$43,314
|
$50,957
|
|
3
|
$45,996
|
$54,112
|
|
4
|
$48,678
|
$57,267
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
For each additional child or student:
> the lower income limit increases by $2,682.
> the upper income limit increases by $3,155.
2006/2007
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$33,500
|
$39,411
|
|
1
|
$36,094
|
$42,462
|
|
2
|
$38,688
|
$45,513
|
|
3
|
$41,282
|
$48,564
|
|
4
|
$43,876
|
$51,615
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
Income excludes any post 6/1983 component of an ETP where the maximum tax rate is zero.
For each additional child or student:
> the lower income limit increases by $2,594.
> the upper income limit increases by $3,051.
2005/2006
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$31,729
|
$34,301
|
|
1
|
$34,252
|
$37,028
|
|
2
|
$36,775
|
$39,755
|
|
3
|
$39,298
|
$42,482
|
|
4
|
$41,821
|
$45,209
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 20% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
Income excludes any post 6/1983 component of an ETP where the maximum tax rate is zero.
For each additional child or student:
> the lower income limit increases by $2,523.
> the upper income limit increases by $2,727.
2004/2005
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$31,729
|
$34,301
|
|
1
|
$34,193
|
$36,965
|
|
2
|
$36,657
|
$39,629
|
|
3
|
$39,121
|
$42,292
|
|
4
|
$41,585
|
$44,956
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 20% applies to the difference between the taxable income and the lower income limit, where the taxable income does not exceed the upper income limit.
(3) If the taxable income exceeds the Upper Income limit, the rate of 1.5% applies to the full taxable income.
Income excludes any post 6/1983 component of an ETP where the maximum tax rate is zero.
For each additional child or student:
> the lower income limit increases by $2,464.
> the upper income limit increases by $2,663.
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Medicare Levy – Families – Other up to 2012
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|
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Family “taxable income” thresholds if you do NOT qualify for SATO.
* 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.
2011/2012
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$32,743
|
$38,521
|
|
1
|
$35,750
|
$42,058
|
|
2
|
$38,757
|
$45,596
|
|
3
|
$41,764
|
$49,134
|
|
4
|
$44,771
|
$52,671
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $3,007.
> the upper income limit increases by $3,538.
2010/2011
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$31,789
|
$37,398
|
|
1
|
$34,708
|
$40,832
|
|
2
|
$37,627
|
$44,267
|
|
3
|
$40,546
|
$47,701
|
|
4
|
$43,465
|
$51,135
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $2,919.
> the upper income limit increases by $3,434.
2009/2010
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$31,196
|
$36,701
|
|
1
|
$34,061
|
$40,071
|
|
2
|
$36,926
|
$43,441
|
|
3
|
$39,791
|
$46,811
|
|
4
|
$42,656
|
$50,181
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $2,865.
> the upper income limit increases by $3,370.
2008/2009
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$30,025
|
$35,323
|
|
1
|
$32,782
|
$38,567
|
|
2
|
$35,539
|
$41,810
|
|
3
|
$38,296
|
$45,054
|
|
4
|
$41,053
|
$48,298
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $2,757.
> the upper income limit increases by $3,244.
2007/2008
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$29,207
|
$34,360
|
|
1
|
$31,889
|
$37,516
|
|
2
|
$34,571
|
$40,671
|
|
3
|
$37,253
|
$43,826
|
|
4
|
$39,935
|
$46,981
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
For each additional child or student:
> the lower income limit increases by $2,682.
> the upper income limit increases by $3,155.
2006/2007
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$28,247
|
$33,231
|
|
1
|
$30,841
|
$36,283
|
|
2
|
$33,435
|
$39,335
|
|
3
|
$36,029
|
$42,387
|
|
4
|
$38,623
|
$45,438
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 10% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
Income excludes any post 6/1983 component of an ETP where the maximum tax rate is zero.
For each additional child or student:
> the lower income limit increases by $2,594.
> the upper income limit increases by $3,051.
2005/2006
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$27,478
|
$29,705
|
|
1
|
$30,001
|
$32,432
|
|
2
|
$32,524
|
$35,159
|
|
3
|
$35,047
|
$37,886
|
|
4
|
$37,570
|
$40,613
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 20% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
Income excludes any post 6/1983 component of an ETP where the maximum tax rate is zero.
For each additional child or student:
> the lower income limit increases by $2,523.
> the upper income limit increases by $2,727.
2004/2005
|
Number of dependent children or students
|
Lower income limit (1)
|
Upper income limit (2)
|
|
0
|
$26,834
|
$29,010
|
|
1
|
$29,298
|
$31,674
|
|
2
|
$31,762
|
$34,337
|
|
3
|
$34,226
|
$37,001
|
|
4
|
$36,690
|
$39,665
|
(1) No Medicare levy is payable below the Lower Income limit.
(2) The rate of 20% of the difference between the taxable income and the lower income limit is payable where the taxable income does not exceed the upper income limit.
(3) The full rate of 1.5% levy is applicable above the Upper Income limit.
Income excludes any post 6/1983 component of an ETP where the maximum tax rate is zero.
For each additional child or student:
> the lower income limit increases by $2,464.
> the upper income limit increases by $2,663.
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This page was last edited on 14 January 2024
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