🎯 Schedules 1 & 9 - Medicare Levy Parameters (effective until 30/06/2024 applies to payments processed before 1 July 2024 to;

1. Regular Payees who have advised they are claiming a Medicare Levy Reduction in Question 8 of the Medicare Levy Variation Declaration (NAT 0929) and have either a Spouse (Question 9) or Dependant Children (Question 12). (The Payee's Tax Treatment Code begins with RT and the sixth identifier is 0 - 9 or A).

2. Regular Payees who have advised they are claiming a HALF Medicare Levy Exemption in Question 6, in addition to the Medicare Levy Reduction in Question 8 of the Medicare Levy Variation Declaration (NAT 0929) and have either a Spouse (Question 9) or Dependant Children (Question 12). (The Payee's Tax Treatment Code begins with RT, the fifth identifier is H and the sixth is 0 - 9 or A).

3. Seniors and Pensioners Payees who have advised they are claiming a Medicare Levy Reduction in Question 8 of the Medicare Levy Variation Declaration (NAT 0929) and have either a Spouse (Question 9) or Dependant Children (Question 12). (The Payee's Tax Treatment Code begins with SS, SM or SI and the sixth identifier is 0 - 9 or A).