Which levy increased to 2 percent in July 2014?

Prepare for the Promoting Health in Australia AOS 2 Test. Engage with flashcards and multiple choice questions, each question includes hints and explanations. Ace your exam effortlessly!

Multiple Choice

Which levy increased to 2 percent in July 2014?

Explanation:
The increase to 2% was part of funding for Australia's universal health system through the Medicare Levy. In July 2014 the Medicare Levy rose from 1.5% to 2% to help finance the National Disability Insurance Scheme, so the levy that increased to 2% is the Medicare Levy. GST is a separate tax on goods and services, and the Private Health Insurance Rebate is a subsidy, not a levy.

The increase to 2% was part of funding for Australia's universal health system through the Medicare Levy. In July 2014 the Medicare Levy rose from 1.5% to 2% to help finance the National Disability Insurance Scheme, so the levy that increased to 2% is the Medicare Levy. GST is a separate tax on goods and services, and the Private Health Insurance Rebate is a subsidy, not a levy.

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