Medicare Levy Thresholds Increased for 2010–11

From the 2010–11 income year, the Medicare levy low-income thresholds will be increased for singles to $18,839 (up from $18,488 for 2009–10) and to $31,789 for those who are members of a family (up from $31,196 for 2009–10). The additional amount of threshold for each dependent child or student will also be increased to $2,919 (up from $2,865).

The Medicare levy low-income threshold for pensioners below Age Pension age will also be increased from 1 July 2010 to $30,439 (up from $27,697). This increase will ensure that pensioners below Age Pension age do not pay the Medicare levy while they do not have an income tax liability.