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Deduction Calc Method - 2. Medicare levy surcharge (AU)

Organisation | Entitlements | Deductions | Details (iii) tab | Calculation method

Australia only

The '2. Medicare levy surcharge' is a system calculation method that is exclusively used to calculate Medicare Levy Surcharge. It should only be used for the Medicare Levy Surcharge system deduction.

When you process an employee who has a Medicare Levy Surcharge rate, this calculation method is used to calculate the amount of Medicare Levy Surcharge.