Ontario Health Premium
" t3 P( p! M8 U% X; i0 P |
Taxable Income
! v, A9 }: \7 t3 j$ w/ C# I | 2005 and Later Tax Years
2 ?' n) b. G) @$ P4 h7 X. `* h | 2004 Tax Year
9 L$ l- k! M, ]8 a, k# G: a |
first $20,0006 c% }. a! E! y! }% ` T% ^. s
| no premium8 v c# a! ]) s K% X) P
| no premium$ s; t1 d& c1 ?
|
over $20,000 up to $25,000
9 C/ h8 K1 E) v* l* f' t/ | | (taxable income - $20,000) x 6%# ^: h5 O& e# U9 e; }
| (taxable income - $20,000) x 3%, I0 @% ]( P7 _4 O$ X1 C
|
over $25,000 up to $36,000' |1 C# U; }: W: F; R/ n M
| $3008 \/ N; ^% x0 L# R% ]
| $150' H4 ?* l6 K. x- h2 Z! g
|
over $36,000 up to $38,500% Y& T9 L- S) v# Z
| $300 + (taxable income - $36,000) x 6%. D4 E( g' O/ i# @/ P& h6 Y
| $150 + (taxable income - $36,000) x 3%7 \& s7 ]; T- P, L: y1 l
|
over $38,500 up to $48,000$ W4 B2 {- {- U( D/ F7 A4 e6 q
| $4503 s3 T9 U+ @; o1 Q* ?) l
| $225
& {0 m4 n$ @6 T9 J; m% z% ]% X |
over $48,000 up to $48,600
* {( Q9 v6 z1 Q* c& x! b! v | $450 + (taxable income - $48,000) x 25%4 W' w; J! o" S
| $225 + (taxable income - $48,000) x 12.5%
2 ]6 R, p. O/ Q3 Q |
over $48,600 up to $72,000
) j! S- V( s( l# \7 R, u' v | $600" h; ]$ @$ @3 X1 R/ `, X
| $300
l9 }% d; d, u0 D: G% b# T |
over $72,000 up to $72,600
/ H: u0 _$ T9 h | $600 + (taxable income - $72,000) x 25%, R( I7 ~: w7 Y; A; W2 X* n. `( a( f
| $300 + (taxable income - $72,000) x 12.5%( D) n8 h; k$ Y- i9 R% H
|
over $72,600 up to $200,0001 [ G% f5 H: Q: q
| $7504 ?( `. [: G3 V2 z' \. f
| $375
2 ]2 ^- |5 c4 h5 }) O7 G* v |
over $200,000 up to $200,600
4 p! E: n2 b1 \0 V- Q/ \ | $750 + (taxable income - $200,000) x 25%5 x# ]) {' l X5 ^
| $375 + (taxable income - $200,000) x 12.5%
3 e' s9 I3 s8 ?3 w. o |
over $200,600
( f# k4 q. p6 \ | $900
- |% ~0 `% c1 ~ | $450
; j; C1 _0 F) e8 Y: t$ k |