Understanding the Medicare levy and Medicare levy surcharge
Many people wonder why they see the Medicare levy and Medicare levy surcharge on their tax return, even if they have private health insurance. Let’s take a look at who pays these amounts, the role of private health insurance, and what steps you can take to manage your healthcare coverage and tax obligations effectively.
$17.8 billion unclaimed super – is some of it yours?
Recent data from the ATO shows that there is more than $17.8 billion in lost and unclaimed superannuation, and the ATO is keen to reunite it with its owners. Could some of it belong to you?
