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  1. Private health insurance

    7 May 2022 - Levy Surcharge, as distinct from the Medicare Levy, is an additional tax imposed on high-income earners who do not have … for individuals or $180,000 for families as at 2016/2017) will save on the Medicare Levy Surcharge by purchasing appropriate private health insurance. The majority of Australian consumers do not incur the Medicare Levy Surcharge and are not able to save …