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Calculate for the current income year, the Medicare levy and Medicare Levy Surcharge liability for the following resident individuals 1. An unmarried doctor whose taxable

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Calculate for the current income year, the Medicare levy and Medicare Levy Surcharge liability for the following resident individuals 1. An unmarried doctor whose taxable income is $110,000. She does not have private patient hospital cover 2 marked 2. A 65-year-old pensioner whose taxable income is 525.000 (2 marks) 3 loe and Mary are married and for the current income year have taxable incomes of $120,000 and $100,000, respectively. love hos private patient henpital cover but Mary does the private cover. (2 marks) 4. Bill and Susan are mamed and for the current income year have taxable incomes of $180,000 and 515,000, respectively. Neither has any private patiunt hospital cover more 5. Sally derived a taxable income of $150,000 during the current income year. She took out private patient hospital cover on 1 Decemberman Additional information Medicare Levy - Taxable income * 2% Surcharge rates for 2019-20 Income for Surcharge Purposes Surcharge Rate Singles Families 0 - 90.000 0 - 18000 0% 90,001 - 105.000 180,001 - 210.000 1% 105.001 - 140.000 210.001 - 250.000 1.255 140,001 - 780001 - 15% op 22 5 Calculate for the current income year, the Medicare levy and Medicare Levy Surcharge liability for the following resident individuals 1. An unmarried doctor whose taxable income is $110,000. She does not have private patient hospital cover 2 marked 2. A 65-year-old pensioner whose taxable income is 525.000 (2 marks) 3 loe and Mary are married and for the current income year have taxable incomes of $120,000 and $100,000, respectively. love hos private patient henpital cover but Mary does the private cover. (2 marks) 4. Bill and Susan are mamed and for the current income year have taxable incomes of $180,000 and 515,000, respectively. Neither has any private patiunt hospital cover more 5. Sally derived a taxable income of $150,000 during the current income year. She took out private patient hospital cover on 1 Decemberman Additional information Medicare Levy - Taxable income * 2% Surcharge rates for 2019-20 Income for Surcharge Purposes Surcharge Rate Singles Families 0 - 90.000 0 - 18000 0% 90,001 - 105.000 180,001 - 210.000 1% 105.001 - 140.000 210.001 - 250.000 1.255 140,001 - 780001 - 15% op 22 5

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