Ontario Health Premium- y9 U0 U% c' J. J
|
Taxable Income1 Y& ]/ ?# L6 ~
| 2005 and Later Tax Years; O! c6 n% y0 D
| 2004 Tax Year
9 u% q* j8 R; j) x: c |
first $20,000+ m6 l( D% e {! n+ f1 X
| no premium8 _. g) z. e) X6 @/ f! @$ ]6 m$ L
| no premium: }& U J E6 r
|
over $20,000 up to $25,000
0 i& D5 e. v7 U% x$ q, G | (taxable income - $20,000) x 6%
' b8 b- D5 b( r' b/ R' d | (taxable income - $20,000) x 3%; k! y3 D2 m2 C$ E
|
over $25,000 up to $36,000
' l' C7 I5 u) V$ t( a- n- X8 ` | $300
! p3 R0 K9 @( a2 ? | $150
9 x* r* p+ P9 z5 |( |3 M% t |
over $36,000 up to $38,5006 n. Z0 r0 ^& a
| $300 + (taxable income - $36,000) x 6%
& X4 w. @# M2 ]- G | $150 + (taxable income - $36,000) x 3%
" B3 N' l/ ]' X1 S& ~' n# F2 O- m |
over $38,500 up to $48,0004 A1 A0 \5 W' n. l
| $450) R5 c/ m# P- C( U' O q: I
| $225: u9 L0 }1 W' ?+ G* J
|
over $48,000 up to $48,600, o2 }% [8 g, W4 i
| $450 + (taxable income - $48,000) x 25%
: {& T; z& H; u3 M4 h+ S, E7 o | $225 + (taxable income - $48,000) x 12.5%* b+ B/ d1 d- Z# Q5 Z
|
over $48,600 up to $72,000. X& j# H$ D9 b ~
| $600$ R; [- E% Z- j, p6 ~
| $300
. R. H+ O$ J* _4 b0 j& R& l4 y |
over $72,000 up to $72,6008 y. Q- h: X, a. s6 p
| $600 + (taxable income - $72,000) x 25%: J( G4 y# d! x$ H2 K1 c- S
| $300 + (taxable income - $72,000) x 12.5%
. Q+ y7 U) a$ L/ j |
over $72,600 up to $200,000
9 {4 z. v1 K- v5 s( G | $750
; Y) b5 d$ M: h | $375
; D( ~9 S+ e4 D% n. T$ E$ h |
over $200,000 up to $200,600. Z; v6 ?0 B3 j9 K
| $750 + (taxable income - $200,000) x 25%
& E6 e& Q) ?3 }0 G7 z6 U; y | $375 + (taxable income - $200,000) x 12.5%
9 j {( Z2 s3 n; L# I; Y |
over $200,6008 a1 z9 A! u- M% j1 T# ?
| $900% l6 W0 s8 }& [# r: P! {- T
| $4509 e1 p) M7 _. t. ^
|