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
9 At the end of section 12
Add:
(4) Increase the amount of each percentage mentioned in subsections (2) and (3) by 0.25 of a percentage point if the person is a tier 2 earner for the year of income.
(5) Increase the amount of each percentage mentioned in subsections (2) and (3) by 0.5 of a percentage point if the person is a tier 3 earner for the year of income.
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