Teresa Tran & Associates

The amount you repay each year is a percentage of your income. The percentage increases as your income increases, so the more you earn, the higher your repa...

2019, 20202021 Taxable income Tax on this income 0 – $18,200 Nil $18,201 – $37,000 19c for each $1 over $18,200 $37,001 – $90,000 $3,...

Note: The family income threshold is increased by $1,500 for each Medicare levy surcharge dependent child after the first child. To claim the private he...