Reducing Your Medicare Levy

Reducing Your Medicare Levy

In some circumstances, you may be able to reduce your Medicare Levy and hence pay less tax.
Certain examples which you may need to consider include:
• where you have a low family income which may entitle you to a Medicare levy reduction
• some certain medical conditions e.g. being blind
• if you received the sickness benefit from Centrelink
• if you receive free medical treatment in the defence forces
• if you’re a foreign resident
• you’re not entitled to Medicare and not an Australian citizen
• if you do not have hospital cover, and you are a high-income earner you may pay additional Medicare levy called Medicare Levy surcharge.

For advice in your personal circumstance to minimize your Medicare levy call or book in for a tax return appointment with experience taxation consultants which can minimize your Medicare levy. Call us now on 833744602 booking your tax return appointment.