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Investor tax return masterclass ft. ATO Assistant Commissioner

Australian Finance Podcast

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Understanding Asset Depreciation, Deductions, Income, and the Medicare Levy

This chapter explores the calculation of the Medicare levy, exemptions that can be claimed, and scenarios where a levy reduction or exemption may apply. It also discusses exemptions for medical conditions, veteran gold card holders, foreign and temporary residents, as well as the process of applying for a Medicare entitlement statement.

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