Backdating income levy

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Third Party – a third party levy is issued to someone who might be paying the debtor for something.

Examples include, but are not limited to, a demand note, cash value of a life insurance policy, or contract payments.

It is in addition to the Medicare Levy of 2%, which is paid by most Australian taxpayers.

To work out your annual income for MLS and Rebate purposes, you can refer to the Australian Taxation Office's Private Health Insurance Rebate Calculator or contact the ATO directly.

The Medicare Levy Surcharge (MLS) is levied on payers of Australian tax who do not have private hospital cover and who earn above a certain income.

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