Hi Nope, if you’re single and earning over $101k, you could be handing the ATO around $1,010 every year*, and getting nothing back, that’s the Medicare Levy Surcharge (MLS).
And the good news is you don’t have to pay it.
With basic, eligible private health cover, you can avoid the surcharge entirely.
And instead of losing that money to tax, you could put it toward things you actually want: