Ontario Health Premium
+ ?$ n1 p' S3 w0 f9 F# ?$ B* T# _ |
Taxable Income
. l2 R( ~6 d" X9 l, A1 L7 `& S | 2005 and Later Tax Years
( I; l/ W+ R4 _6 G& K& h | 2004 Tax Year! W' ?; G0 j: N+ A
|
first $20,000' n, O1 Q2 b G" k7 w; ?
| no premium
m8 r; K* i* M L | no premium
0 k& P# ]! l: m& n3 I+ z- l |
over $20,000 up to $25,000
; O0 T' `6 m4 F. g" T | (taxable income - $20,000) x 6%1 P' R, ], k& L k
| (taxable income - $20,000) x 3%
& f: O* K! B) A |
over $25,000 up to $36,000
6 ]" u9 s R4 l5 n" v \ | $300
! E( u5 d+ }* r) k& b+ C | $150. `+ h5 |- t$ }- d: v; @
|
over $36,000 up to $38,500 [1 A& F1 ^: r( ^
| $300 + (taxable income - $36,000) x 6%
5 B6 u; g) }1 `( m$ j$ H4 @ | $150 + (taxable income - $36,000) x 3%
" C# g5 D% D! K2 f/ H |
over $38,500 up to $48,000
( `, h) g, `' H1 M | $450: r2 Q+ W* L7 }/ U
| $225
! F; h4 n' z& V- R$ [ |
over $48,000 up to $48,600, L, _$ A: {! t8 c4 q
| $450 + (taxable income - $48,000) x 25%$ Z! L% G( Q3 g
| $225 + (taxable income - $48,000) x 12.5%
% G3 g8 g& N& x5 `* @" P, V8 |3 I6 m |
over $48,600 up to $72,000
: m# I) e {/ z! D( @6 C | $600
: s$ J, x' t. Z0 P# o h. j | $300
3 ?0 r6 l, u/ q& f. S6 Z |
over $72,000 up to $72,600, H6 P5 X6 K7 k! a
| $600 + (taxable income - $72,000) x 25%
0 _) U6 {2 G( O* J# r- U* ?0 | | $300 + (taxable income - $72,000) x 12.5%- Z; r. r" C. C) v M4 }4 U
|
over $72,600 up to $200,0001 l3 R8 P) T2 X. ~6 j/ E1 W
| $750
5 y" c6 e/ x2 f( J& E. e3 t | $375' ~- }. q( V' E, f2 B# z+ i8 ~3 O
|
over $200,000 up to $200,6008 r+ m; _: [( @' ]) x* o# v9 m c" Y
| $750 + (taxable income - $200,000) x 25%& |/ m# r# q6 v
| $375 + (taxable income - $200,000) x 12.5%) t/ L1 `# p4 Z8 x% }
|
over $200,600
9 h1 j1 O# k8 v& ] | $9007 l5 D; T+ c4 s+ w: V6 Y
| $450
1 J: }2 W2 r; ]9 y) M) S: R! f |