Medicare levy low income threshold

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What is Medicare Levy? The Medicare levy helps fund some of the costs of Australia’s public health system known as Medicare. The Medicare levy is 2% of your taxable income, in addition to the tax you pay on your taxable income.
Date of effect1 July 2020

The Government will increase the Medicare levy of low-income thresholds for singles, families, and seniors and pensioners from 1 July 2020 to take account of recent movements in the CPI so that low-income taxpayers generally continue to be exempt from paying the Medicare levy.

2019-20 2020-21
Singles$22,801 $23,226
Family threshold$38,474$39,167
Single seniors and pensioners $36,056$36,705
Family threshold for seniors and pensioners $50,191$51,094
For each dependent child or student, the family income thresholds increase by a further $3,597 instead of the previous amount of $3,533.