Tag: mls
All the articles with the tag "mls".
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Medicare Levy and Medicare Levy Surcharge (MLS) 2026: Who Pays What and How to Avoid the Surcharge
Updated:A straightforward guide to Australia's Medicare Levy (2% of taxable income) and the Medicare Levy Surcharge for higher earners without private hospital cover, with 2025-26 MLS income thresholds, tiered rates for singles and families, and the numbers on why basic hospital cover often costs less than the surcharge. Sourced from ATO.