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  • Income for Medicare levy surcharge purposes

    Income for Medicare levy surcharge (MLS) purposes is used to determine whether you are liable to pay the MLS and the rate of the MLS that you will have to pay.

    If you have a spouse, your combined income for MLS purposes will be used.

    Your income for MLS purposes is the sum of the following items for you (and your spouse, if you have one):

    If you (or your spouse) are between your preservation age and 59 years old and received a super lump sum, reduce income for MLS purposes by any taxed element of the lump sum, other than a death benefit, that does not exceed your (their) low rate cap.

    Last modified: 20 Jul 2018QC 27045