MEDICARE LEVY ACT 1986

SECTION 8C   LEVY SURCHARGE - PERSON WITH DEPENDANTS WHO IS NOT MARRIED DURING WHOLE OR PART OF A FINANCIAL YEAR  

8C(1)   [Application]  

This section applies to a person during a period if during the whole of the period:


(a) the person is not a married person; and


(b) the person has one or more dependants; and


(c) the person or at least one of the person ' s dependants (other than a dependant who is, or would, apart from subsection 251U(2) of the Assessment Act, be taken to be, a prescribed person) is not covered by an insurance policy that provides private patient hospital cover; and


(d) the person is not, or is taken under section 251VA of the Assessment Act not to be, a prescribed person.

Note 1:

Subsection 251R(2) of the Assessment Act treats certain persons who are not married as if they were married.

Note 2:

For dependant see sections 251R and 251V of the Assessment Act.

Note 3:

For prescribed person see section 251U of the Assessment Act.

8C(2)   [Cover for whole period]  

For the purposes of paragraph (1)(c), a person to whom section 251VA of the Assessment Act applies is taken to be covered during the whole of the period by an insurance policy that provides private patient hospital cover.

8C(3)   [When income exceeds threshold]  

If the person ' s income for surcharge purposes exceeds the person ' s family tier 1 threshold, the amount of the levy that, apart from this section, would have been payable by the person under this Act for that year is to be increased:


(a) if this section applies to the person for the whole of the year of income - by the amount of 1% of the person ' s taxable income; or


(b) if this section applies to the person for only some of the days in the year of income - by the amount worked out using the formula:


(1% of the person ' s
taxable income)
× Number of those days
Number of days in the
year of income

8C(4)  


Increase the amount of each percentage mentioned in subsection (3) by 0.25 of a percentage point if the person is a tier 2 earner for the year of income.

8C(5)  


Increase the amount of each percentage mentioned in subsection (3) by 0.5 of a percentage point if the person is a tier 3 earner for the year of income.

 

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