Commonwealth Numbered Acts
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A NEW TAX SYSTEM (MEDICARE LEVY SURCHARGE-FRINGE BENEFITS) ACT 1999 - SECT 6
What is the family surcharge threshold?
- (1)
- The family surcharge threshold for a person for a year of income is
$100,000.
- (2)
- However, if the person has 2 or more dependants who are children, the
family surcharge threshold for the person for the year of income is the amount
worked out using the formula:
- Example: If a person has 3 dependants who are children, the family surcharge
threshold is:
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