LodgeiT

It is important to use the correct tax code for your private health otherwise the tax calculations made by LodgeiT may be different than what you would expe...

Question: Why isn’t John Doe being levied with the Medicare Levy Surcharge?, it't not coming up to the "Estimate"  Answer:  MLS is 0$ ...

Question: Why the Medicare Levy does not reduce when client is only a resident for 10 months?  Answer:  Please fill M1-V or M1-W in this case. It will redu...

Notes: You can claim the private health insurance rebate as a reduction in the amount of private health insurance premiums you pay to your insurer. Altern...

LodgeiT will  calculate Medicare Levy Surcharge (prefill+other info), make sure that you have activated "Medicare" via financial image.  It...

References: Medical Exemption from Medicare Levy Division 4: Medicare Levy M1 Medicare Levy Reduction

For some reason ATO does provide Premium and Rebate amounts as $808 and $808 accordingly. But to lodge the IITR rebate amount should be less than premium....