Medicare Contribution Exemption (489 visa)

maguero

Alam kong may nagtanong na nito dati kaso di ko makita yung thread. Paano maeensure na hindi makakaltasan ng Medicare contribution kapag 489 visa holder? Since hindi naman entitled to Medicare, nabasa ko dati na hindi rin kailangan magcontribute ang 489 visa holders. May form ba na kailangan isubmit kapag magffile na ng income tax?

cucci

Afaik, when working part ng computation ng tax deduction ang medicare levy. However pagdating na ng filing of income tax returns, since everything will be computed based on taxable income saka na ilalagay ang mga items that would reduce you tax payment which includes medicare levy. Pag sumobra ang deductions against total tax, then you get tax refunds.

maguero

Thank you @cucci

goodminton

@cucci said:
Afaik, when working part ng computation ng tax deduction ang medicare levy. However pagdating na ng filing of income tax returns, since everything will be computed based on taxable income saka na ilalagay ang mga items that would reduce you tax payment which includes medicare levy. Pag sumobra ang deductions against total tax, then you get tax refunds.

Additional question po related sa topic.

hindi po ba kailangan ng MES - https://www.servicesaustralia.gov.au/individuals/services/medicare/medicare-entitlement-statement pagnagfile po ng income tax return para makakuha ng refund sa medicare contribution

Megger

ano mga advantage kung kukuha ng tax agent?

batman

May form > @goodminton said:

@cucci said:
Afaik, when working part ng computation ng tax deduction ang medicare levy. However pagdating na ng filing of income tax returns, since everything will be computed based on taxable income saka na ilalagay ang mga items that would reduce you tax payment which includes medicare levy. Pag sumobra ang deductions against total tax, then you get tax refunds.

Additional question po related sa topic.

hindi po ba kailangan ng MES - https://www.servicesaustralia.gov.au/individuals/services/medicare/medicare-entitlement-statement pagnagfile po ng income tax return para makakuha ng refund sa medicare contribution

You need to get that as support if in case I audit ka ni ATO. Just send thru e mail the form and the visa and passport.

batman

@Megger said:
ano mga advantage kung kukuha ng tax agent?

Less hassle on your part. Just like getting agent for visa.
But if hindi complicated sources of income mo. Straight forward lang like one employer. U can don't yourself. Message moko mate if u have questions. I can give suggestions. Or I ask some people in the office if di kaya ng alam ko. No cost 😉.

goodminton

Thanks @batman

Megger

@batman said:

@Megger said:
ano mga advantage kung kukuha ng tax agent?

Less hassle on your part. Just like getting agent for visa.
But if hindi complicated sources of income mo. Straight forward lang like one employer. U can don't yourself. Message moko mate if u have questions. I can give suggestions. Or I ask some people in the office if di kaya ng alam ko. No cost 😉.

Salamat. Keep safe sa COVID