iCalculator™ AU Australia Social Security Calculator for Medicare Levy
This calculator for Australia is part of our payroll calculators suite which support salary and income tax calculations in Australia. With this Medicare Levy Calculator, you can calculate the associated contributions due for Medicare Levy in Australia based on your annual income in the 2024 tax year, this includes, where appropriate, employee and employer medicare levy contribitions.
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Medicare Levy in Australia
Medicare Levy is subject to annual review in Australia and rates and thresholds can change from year to year. The table below defines the associated tax years and tax rates that are integrated into the Australia Income Tax calculators on iCalculator™ AU:
Australia Current and Historic Social Security Rates for Medicare Levy| Tax Year | Employee Rate | Employer Rate | Combined Rate |
|---|
| 2025 | 2% | 0% | 2% |
| 2024 | 2% | 0% | 2% |
| 2023 | 2% | 0% | 2% |
| 2022 | 2% | 0% | 2% |
| 2021 | 2% | 0% | 2% |
| 2020 | 2% | 0% | 2% |
| 2019 | 2% | 0% | 2% |
| 2018 | 2% | 0% | 2% |
| 2017 | 2% | 0% | 2% |
| 2016 | 2% | 0% | 2% |
| 2015 | 2% | 0% | 2% |
| 2014 | 2% | 0% | 2% |
If you believe any of these rates are incorrect or you would like additional tax years adding to the Australia tax suite then please contact us. All updates and amendments are complementary, we appreciate the support from our community with providing up to date free tax tools for Australia. Note that you can view all tax years for Australia supported by iCalculator™ AU here, this includes all payroll associated taxes and deductions that are applied in Australia.