Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This Division applies to a person for a period in a year of income if:
(a) the person's income for surcharge purposes for the year of income exceeds the person's singles tier 1 threshold for the year of income; and
(b) during the whole of the period:
(i) the person is not a married person; and
(ii) the person does not have any dependants; and
(iii) the person is not covered by an insurance policy that provides private patient hospital cover; and
(iv) the person is not a prescribed person.
(2) The amount of surcharge payable on the person's reportable fringe benefits total for the year of income is 1% of that total if this Division applies to the person for the whole of the year of income.
(3) If this Division applies to the person for only some of the days of the year of income, the amount of surcharge payable on the person's reportable fringe benefits total for the year of income includes the amount worked out using the formula:
(4) Increase the amount of each percentage mentioned in subsections (2) and (3) by 0.25 of a percentage point if the person is a tier 2 earner for the year of income.
(5) Increase the amount of each percentage mentioned in subsections (2) and (3) by 0.5 of a percentage point if the person is a tier 3 earner for the year of income.