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AU1.5 Tax rates

Commentary

AU1.5.2 Medicare levy | Australia

Australia

*Medicare levy is payable by Australian tax residents, except for low-income earners, at a rate of 2%. Medicare levy is reduced if the family's table income is equal to or less than AUD 49,252 plus AUD 4,523 for each dependent child. This threshold is increased to AUD 62,251 if the taxpayer is entitled to

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Web page updated on 28 Aug 2024 11:28