Ontario Health Premium
2 x5 Q; a% t3 K* |6 T, T, Z |
Taxable Income
: f9 V1 k+ W' {3 `, @! D8 h- F | 2005 and Later Tax Years
5 R0 F- @% m* ]* O3 w& ~" T | 2004 Tax Year
: b7 s( ?: u# B |
first $20,000- \/ ]6 K& Y( U7 B
| no premium( m. G+ c C) z5 o
| no premium+ V& v" j3 d3 _2 Z# D
|
over $20,000 up to $25,000
/ A3 [' O: @) B/ S' w) U | (taxable income - $20,000) x 6%) Z; \% y7 l3 t N
| (taxable income - $20,000) x 3%
" t5 V$ Y' Z: g- `! Y |
over $25,000 up to $36,000
2 D! y5 l9 K: z1 V | $300
, S( N# i5 j; L8 J5 _% ? | $1504 a6 Y2 q9 I; {1 ]
|
over $36,000 up to $38,500
. O8 q9 N1 a# h i1 B4 D. Y9 `: C | $300 + (taxable income - $36,000) x 6%: z/ Y5 S O5 Z; E- Q
| $150 + (taxable income - $36,000) x 3%
9 I1 R5 l2 f& M/ f: w' ] [" o |
over $38,500 up to $48,000
1 n+ y$ K% f& l% i | $450
) I: j3 @: G5 O) e! j& t, o! g | $225
* C, p# w0 ^* Y$ [% J3 P4 w" a |
over $48,000 up to $48,6005 w* ^2 n' b& E! p9 q5 g. Q$ a; r$ s* I
| $450 + (taxable income - $48,000) x 25%
, g, k$ B1 _0 i G2 L | $225 + (taxable income - $48,000) x 12.5%
; g2 h1 x$ H$ v |
over $48,600 up to $72,000
0 _* B1 ^- }, `" S% B; c- B | $600
$ g! X- U: A/ x2 v4 ^ | $300
7 x% i. h" y @* h3 u& \ |
over $72,000 up to $72,600
6 O+ z. I! P* d! v& a0 ^! r5 v | $600 + (taxable income - $72,000) x 25%
! \1 u. L, s, s | $300 + (taxable income - $72,000) x 12.5%
2 w+ q% A6 q/ i8 i8 ` |
over $72,600 up to $200,000
6 X: P4 R9 Q. @ m5 o | $750
8 j `5 X& H+ @6 {/ P% t k | $375
# x8 J0 ~' A; N |
over $200,000 up to $200,600- f! \& e& {+ H9 K+ c) \7 t/ t
| $750 + (taxable income - $200,000) x 25%) ]' Q: ~7 F9 a& Y% ^: @& B2 ]8 ~, _
| $375 + (taxable income - $200,000) x 12.5%
( s* @: S5 `9 K0 F: W( A! u K |
over $200,600% y5 A' b/ E- v0 t8 M, e
| $900
+ W/ |) i# R& e, ` [* e% M5 x | $450" {& i/ W9 b$ A3 f
|