MLS

Be careful of the Medicare Levy Surcharge after any wage rise

David Koch - June 13, 2025 3 MIN READ

With the thresholds for the Medicare Levy Surcharge about to change, it’s worthwhile making sure you’re not caught, particularly if you’ve had a pay rise this year. In a nutshell, the Medicare Levy Surcharge (MLS) is an additional tax for high-income earners who don’t hold an appropriate level of private hospital cover. If you earn… Read more »

Your Money

Understanding (and avoiding!) the Medicare Levy Surcharge

David Koch - May 2, 2025 3 MIN READ

So, you’ve just got a pay rise – what’s not to celebrate? Well, if you’ve been bumped over $97,000, it turns out you may need to pay an extra charge at tax time. The Medicare Levy Surcharge – aka the MLS – is a tax intended to encourage Aussies to take out private hospital cover,… Read more »