May Your taxable income is equal to or less than your lower threshold amount. Do not write anything at. Income thresholds and rates. Will you pay the health insurance tax?
Source: Australian Tax Office.
For families, and single parent families the threshold increases by $500. Medicare levy surcharge. You may pay these each year as part of your income tax. The levy is about 2% of your taxable income.
Can hospital cover reduce your tax? Extras cover without. The Hospitals Contribution Fund of Australia Limited.
Not available in conjunction with any other offer. For seniors or pensioners entitled to a tax offset, that threshold is $3758). Lifetime Health Cover. Private Health Insurance Rebate.