Ontario Health Premium
; `/ V! l0 U; Q3 d |
Taxable Income+ K/ r4 H. `. V, @# F% r
| 2005 and Later Tax Years
& p8 I* J+ \4 N2 n | 2004 Tax Year& L* G, w+ z, n, d. p5 h4 h2 p
|
first $20,0008 J' p( m! y# G% b
| no premium
2 q- n. W! c1 \1 r4 R | no premium
5 Y2 D8 C k W6 Z' U |
over $20,000 up to $25,000
! L! b' y9 I+ O" T6 m/ t2 N6 F | (taxable income - $20,000) x 6%% ~/ ~$ L# e- f$ @% }$ ], f
| (taxable income - $20,000) x 3%, ]( M5 g# C. w- t( D. C( ]. A
|
over $25,000 up to $36,000
2 c% x( c. J' F# W# X2 N6 M | $300 h8 h8 t* ^' y2 T1 z2 b
| $150
, A3 H' M. I# g7 Z/ ~1 i" V |
over $36,000 up to $38,500) H$ B# P0 l0 L6 r |3 f+ H
| $300 + (taxable income - $36,000) x 6%
% h4 o+ @% |; S6 k! G | $150 + (taxable income - $36,000) x 3%! r: J n( B: o
|
over $38,500 up to $48,0002 h. U: e9 G' ^
| $450
- M/ Y7 i/ d& [; I | $225
! r; N, M* K& K1 |% _ |
over $48,000 up to $48,600
) `; }/ N5 B# [2 I. ~- p+ g) S' L1 h | $450 + (taxable income - $48,000) x 25%
5 P. I1 J% }! j M6 `, ]1 G4 O4 Y& @ | $225 + (taxable income - $48,000) x 12.5%
" `% n/ s, q! A/ r |
over $48,600 up to $72,000% i8 D7 ]) w0 D8 F
| $600; t8 u( u+ c1 m2 o3 y
| $300+ L% Y& i2 K, I; }7 {* N; w
|
over $72,000 up to $72,600$ }% u* I6 v* l" p4 B: G7 J0 s
| $600 + (taxable income - $72,000) x 25%
+ d0 }$ D. e4 W( K. z' k | $300 + (taxable income - $72,000) x 12.5%4 L9 l& {! }+ Z1 G( o$ J
|
over $72,600 up to $200,000
: N: J7 { q' C" P | $750
4 r! Z, i6 v, ~$ o1 [4 s | $3757 a3 A: ]. v2 f, S$ c) r
|
over $200,000 up to $200,6005 ?8 a+ }2 Z8 R H0 n) \, C
| $750 + (taxable income - $200,000) x 25%: `, c; p$ o% O7 y: o2 N
| $375 + (taxable income - $200,000) x 12.5%, B; Z+ R/ L3 X" n1 P
|
over $200,600 m# W2 p1 ?% m k1 I3 \8 N
| $900
6 C- s/ b& {2 Q | $450( X" ], L- z9 B g
|