From ATO website, it seems all personal income are included in this Income for Medicare levy surcharge (MLS) purposes. So none of salary sacrifice, super contribution, investment losses will work.
Luckily I don't find the days of have a spouse is pro rata. Does it mean if one gets married on 30 June his/her MLS threshold will jump from single $93,000 to family $186,000?
Your income for MLS purposes is the sum of the following items for you (and your spouse, if you have one):
Taxable income
include the net amount on which family trust distribution tax has been paid
don't include any assessable first home super saver (FHSS) released amount for the income year under the FHSS scheme.Reportable fringe benefits.
Total net investment losses – the sum of
net financial investment losses
net rental property losses.Reportable super contributions – the sum of
reportable employer super contributions
deductible personal super contributions.If you have a spouse, their share of the net income of a trust on which the trustee must pay tax (under section 98 of the Income Tax Assessment Act 1936) and which has not been included in their taxable income.
If you had exempt foreign employment income, add it to your taxable income if your taxable income is $1 or more.
If you meet both of the following conditions, you can reduce income for MLS purposes by any taxed element of the super lump sum, other than a death benefit, that does not exceed your (or your spouse's) low rate cap:
- you (or your spouse) are aged from your (or their) preservation age to under 60 years old
- you (or your spouse) received a super lump sum.
I would suggest trying to avoid finding loopholes paying for the Medicare levy which provides all Australians with guaranteed health care/cover, and just pay your share of the Medicare service levy and be thankful we have one of the best health systems around.
Next post on here - why Australia should abolish Medicare and go down the path of American health care system… 😒