Ontario Health Premium; T9 o1 A# W7 L0 f4 C1 t' R, R, Q+ T
|
Taxable Income
( b( J; I; k$ }4 A8 ]& D | 2005 and Later Tax Years* E' y# `( b. g S- R) T0 I
| 2004 Tax Year1 ]# k% Q @3 r" c6 ~% ~
|
first $20,000
5 Y m! h f+ V | no premium
! \; q$ {0 Q+ W | no premium z$ c ]1 Q3 f0 Y- s
|
over $20,000 up to $25,000
; _# b% ] p/ n) w L; a | (taxable income - $20,000) x 6%
/ s4 H6 V4 x: ^6 z" [ g3 D | (taxable income - $20,000) x 3%
1 ~: y/ J5 h: R: Z |
over $25,000 up to $36,000
, p J6 R; F3 R- Y | $300
) |+ H) Z# X+ x2 Z J+ T | $150
- E: N, u$ T) q |
over $36,000 up to $38,5004 ?' ^, c/ y8 c! s
| $300 + (taxable income - $36,000) x 6%. s# ]- U; _6 R9 [# p/ h7 Z
| $150 + (taxable income - $36,000) x 3%
1 P" b2 y( [- d5 n+ N8 z |
over $38,500 up to $48,000- {/ ^: d$ o# g. q1 j2 _+ k/ d
| $450
3 A. u/ s. J2 y) z" u& b5 `& G1 E" ] | $225
' t: O9 k8 f: Y3 l7 q+ \+ { |
over $48,000 up to $48,600
& e2 \4 q: [3 }# D* f | $450 + (taxable income - $48,000) x 25%
, \6 r$ z2 H" `5 N, Q w, `2 I | $225 + (taxable income - $48,000) x 12.5%
% }. H/ p, `; \2 M! X" a! R+ X |
over $48,600 up to $72,000
( i: t$ j- z+ Y/ p& V | $6006 E8 |, C! ^/ l* u. ^( `1 g( _5 J* U
| $300
9 q5 }' h7 m( j |
over $72,000 up to $72,600
- @" t8 [3 T+ @' N1 P | $600 + (taxable income - $72,000) x 25%
. r) U) t* J& @/ X | $300 + (taxable income - $72,000) x 12.5%
( d, ~( `& F! i' a3 T, B |
over $72,600 up to $200,000$ U! Q* h6 s2 e+ t6 d- `! E
| $750
3 V4 H4 W# a1 Z8 I | $375; O+ l7 f: e! t; ] C" D
|
over $200,000 up to $200,600
: R; N. ]: M/ _% R6 ]; B, A | $750 + (taxable income - $200,000) x 25%( z1 z/ N. \9 U9 w1 F
| $375 + (taxable income - $200,000) x 12.5%
: m2 d: W, q# C* F! m' d$ F |
over $200,600
9 B3 V) e, ^/ p/ T. i$ f N | $900, Q5 L/ C6 l2 |3 V! |& t; k4 z
| $450
" p: v. Z7 y8 b- V4 M/ A% g& y# Z |