Medicare Levy Calculator
Calculate your Medicare levy and surcharge for 2025-26. See if you qualify for a reduction, and whether private health insurance would save you money.
Last verified: 5 May 2026Reviewed by the Savings Mate editorial team — figures fact-checked against the ATO, Services Australia and ASIC MoneySmart.
How much is the Medicare levy in 2025-26?
The Medicare levy is 2% of taxable income for most Australian residents. Singles earning $27,222 or less are exempt; the levy phases in between $27,222 and $34,027. Families are exempt below $45,907 (plus $5,270 per dependent child). High earners without private hospital cover also pay the Medicare Levy Surcharge of 1-1.5%. Source: Australian Taxation Office.
General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.
Related reading
2% of taxable income = $1,700 on $85K. Plus up to 1.5% surcharge without private health. Medicare levy thresholds and exemptions explained.
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