Understanding the Medicare levy

Many Australian tax residents pay a Medicare levy in addition to income tax. Exemptions, low-income reductions and the Medicare levy surcharge have separate eligibility rules, so a simple estimate may differ from a final assessment.

What this means for your estimate

Our salary calculator is intended as a helpful estimate, not an individual tax assessment. Check the applicable tax year, your residence or jurisdiction, and any deductions or credits that apply to you.

Official source: www.ato.gov.au. Return to the Australia salary calculator.