Ontario Health Premium; J( g, S) D) Y8 n
|
Taxable Income
; _/ L- O" F c q# s | 2005 and Later Tax Years% P7 O- i& [: r) ? w& [
| 2004 Tax Year6 z/ k0 ~8 n( x7 _8 X5 R- J
|
first $20,000/ j2 g. v8 y! L
| no premium
2 f. j1 C: Z& r! |1 _ | no premium+ H& n" q y4 [/ _( @! u
|
over $20,000 up to $25,000
, h3 q2 j, [9 Y4 g: o8 ? f) B6 P) A | (taxable income - $20,000) x 6%7 l1 G5 c& _( S5 K
| (taxable income - $20,000) x 3%4 E, A: x0 J! v
|
over $25,000 up to $36,000
" y! Q& f) ?3 m3 h" W. ~ | $300
* j0 A, m/ R" x6 ~ | $150& a% h) x; D5 R! j9 S) \9 x) _0 R
|
over $36,000 up to $38,500; M* t0 M' S! \1 c& H2 I, A
| $300 + (taxable income - $36,000) x 6%
" v: W9 s# c e5 m | $150 + (taxable income - $36,000) x 3%, k& J! w- ?6 r0 G; S7 y3 y
|
over $38,500 up to $48,000
$ W- `% `% G" |: i' P2 c5 Q | $450
+ m, W- ?$ ^1 n# B. S- B4 D7 m | $2259 h* r% r7 ~- J2 J
|
over $48,000 up to $48,600
3 K& |( M4 a) E8 u | $450 + (taxable income - $48,000) x 25%; Y9 _: m# R) s! y
| $225 + (taxable income - $48,000) x 12.5%3 s; H6 ~5 U, @3 _% b
|
over $48,600 up to $72,000$ }/ X9 E+ @6 i3 v: p- X1 M
| $600
) K _1 T) ?3 `: D, z/ \ | $300
# t" y+ I, T* _5 s2 g- V5 } |
over $72,000 up to $72,600& I t- L* I$ h% C( Z
| $600 + (taxable income - $72,000) x 25%
+ `: g' n1 v0 U) a | $300 + (taxable income - $72,000) x 12.5%" j- k9 \( J+ C: ]6 Q
|
over $72,600 up to $200,000
! g# t' w; M7 @9 F$ q' Y | $750
$ C V" p: q! p3 p | $375
! `2 m3 @ i( N+ S$ R8 n% _) d5 {# h- Z |
over $200,000 up to $200,600
$ G( I8 b8 A; F( b" ?' z | $750 + (taxable income - $200,000) x 25%9 |8 t- v& u$ G: J2 L8 q
| $375 + (taxable income - $200,000) x 12.5%
1 m0 {- d T/ o* O. ~% i |
over $200,600& Q$ D0 a/ w0 T) _* p2 P7 S. p
| $900& m5 s4 r% G& g7 z3 m+ S
| $450) s& y! v& g5 {1 x5 H6 L
|