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Australia Medicare Levy Calculator 2020-2021

Calculate your Medicare Levy liability for FY 2021. Includes family and senior reductions.

👤 Personal Details

Tax Year

Residency Status

👨‍👩‍👧 Family & Income

Taxable Income ($)

Dependents / Children

Spouse Income ($)

Leave 0 if Single

💵 Levy Outcome

Medicare Levy Payable

$0.00

Rate: 2.0%

Taxable Income $0.00

Threshold Applied $0.00

Reduction - $0.00

Status: Standard Levy

2020-2021 Thresholds & Rules

Singles Thresholds

Low Income Threshold: $22,801. Below this, levy is $0.
Shade-In Range: $22,801 – $28,501. Levy is 10% of excess over $22,801.
Full Levy: Above $28,501, flat 2% applies to entire income.
Seniors/Pensioners: Threshold $36,056. Shade-in up to $45,069.

Ref: Family Thresholds

Family Base Threshold: $38,474.
Senior Family Threshold: $50,191.
Per Dependent Child: Add $3,533 to the threshold.
Calculated on Combined Family Income.

Disclaimer: This tool estimates Medicare Levy based on FY 2021 thresholds. Does not cover complex MLS (Surcharge) calculations or specific SAPTO offsets in detail.