Ontario Health Premium) K4 [+ s' {) R" H9 E
|
Taxable Income
! ^7 m- q, M& O. P. c1 X( v6 |( G | 2005 and Later Tax Years
" q: k1 Q; H/ O. l0 a | 2004 Tax Year
9 |+ I3 o, k" s: N& ^! a! y |
first $20,000
, M2 n4 A2 Y4 F1 Y- D | no premium
9 g) { D3 M! k6 { | no premium `* }/ f% R6 n7 K$ s! V
|
over $20,000 up to $25,0002 J% t i: J' z; C- L$ [
| (taxable income - $20,000) x 6%
; n6 `% s7 O. [) S' l' @! p1 K | (taxable income - $20,000) x 3%
# Y3 r4 t- S4 O5 h- ^: s! i |
over $25,000 up to $36,000
+ w( V# X2 _' X+ a) i8 f | $300
: Z. l. ~% p3 l- y4 a | $150
3 N( y+ u# Y) ^$ w' v |
over $36,000 up to $38,500
- F V$ D d m }* s1 C | $300 + (taxable income - $36,000) x 6%0 |; n" b E6 p7 n
| $150 + (taxable income - $36,000) x 3%! u$ d% H) I! F% T! q
|
over $38,500 up to $48,000
9 f. J, s# O& K% o( q- Q& q | $4501 z9 y$ j0 ]$ \$ p+ K+ r
| $225
8 Q1 C5 \: K/ |/ }$ [3 m |
over $48,000 up to $48,600
3 p0 M/ @ r7 R; c7 c* O U | $450 + (taxable income - $48,000) x 25%
; Q$ U8 [. v5 O U1 I | $225 + (taxable income - $48,000) x 12.5%
' g' u* {' [$ \. }7 Y |
over $48,600 up to $72,0009 ?9 m1 N0 `2 g
| $600
! t; }- O b% n( Z# O6 U* z j& z | $3006 _9 |+ i2 }8 `" X& k
|
over $72,000 up to $72,600, |" T, R0 t( h7 x$ V. m8 V
| $600 + (taxable income - $72,000) x 25%
8 E0 _, }" Q3 s ~' L | $300 + (taxable income - $72,000) x 12.5%% k0 m7 g- b( D7 V7 i1 B7 w
|
over $72,600 up to $200,0004 }3 u) {5 u# I
| $750
2 b7 @, ^6 M+ }! ^, Y4 V3 _ | $375
. Z H9 e* T* l: c c+ Z |
over $200,000 up to $200,600# o9 p+ F0 b) {" V
| $750 + (taxable income - $200,000) x 25%
6 _ k w) k0 Z7 r9 ~ | $375 + (taxable income - $200,000) x 12.5%
0 L$ j# k4 {; x+ }' P' o C! X) e |
over $200,600! ~4 y3 F* N) h* x
| $900
% u# }) E+ q% B0 Q6 M9 Q1 t0 ~: b | $450
8 `6 Q; Z6 \& p |