An unwelcome surprise can arrive at tax time, particularly for doctors whose income has increased during the year. The Medicare Levy Surcharge can catch trainees and junior doctors by surprise when they exceed the threshold through overtime and penalty rates. 

The Bongiorno Group’s Nicolas Pereira and Chantelle Turner clarify when the surcharge applies, how it is calculated, and the role of appropriate hospital cover, providing practical guidance for doctors at every stage of their career. 

The Money Doctors is proudly brought to you by leading financial services organisation the Bongiorno Group, the preferred tax and accounting partner for the Australian Medical Association Victoria and the Victorian & Tasmanian Regional Alliance Partner of the Australian Orthopaedic Association. 

For more information, please call 03 9863 3111 or visit https://bongiorno.com.au/  

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