Fairer Private Health Insurance Incentives (Medicare Levy Surcharge - Fringe Benefits) Act 2012 (28 of 2012)
Schedule 1 Amendments
A New Tax System (Medicare Levy Surcharge - Fringe Benefits) Act 1999
16 After subsection 16(4)
Insert:
(4A) Increase the amount of the percentage mentioned in subsection (4) by 0.25 of a percentage point if the person is a tier 2 earner for the year of income.
(4B) Increase the amount of the percentage mentioned in subsection (4) by 0.5 of a percentage point if the person is a tier 3 earner for the year of income.
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