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Changes to income thresholds for Medicare levy surcharge for 2024 financial year

April 20, 2023

The income thresholds for Medicare levy surcharge increases from 1 July 2023

ThresholdBase tierTier 1Tier 2Tier 3
Single threshold$93,000 or less$93,001 – $108,000$108,001 – $144,000$144,001 or more
Family threshold$186,000 or less$186,001 – $216,000$216,001 – $288,000$288,001 or more
Medicare levy surcharge0%1%1.25%1.5%

The family income threshold is increased by $1,500 for each MLS dependent child after the first child.