Taxation Administration Act 1953 - Withholding Schedules 2005 (2004 Budget Changes)
Medicare levy adjustmentsMedicare levy adjustments
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Medicare levy adjustments
To claim the Medicare levy adjustment available to some low income earners with dependants, a payee must lodge a Medicare levy variation declaration along with their Tax file number declaration. A payee may be entitled to a Medicare levy adjustment if their weekly earnings are $509 or more and they have answered Yes to questions 7, 10 and 12 on the Medicare levy variation declaration. For instructions on working out the Medicare levy adjustment (half-levy), refer to page 7 of this table.