Medicare Levy Surcharge 2025. If you earn over $93,000 (2024fy), you need to pay an additional amount on top of your 2% medicare levy, which is called the medicare levy surcharge. Once you determine your income for medicare levy surcharge (mls) purposes, you can use the mls income threshold tables below to work out which mls rate applies to you.
It does this by charging a tax supplement (on top of the normal 2% medicare levy) on high. It’s designed to encourage high income earners to take out private hospital insurance and.