Ontario Health Premium
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Taxable Income
. P0 S0 x2 K: _ @3 _/ @ | 2005 and Later Tax Years
) q+ D2 v: P& v | 2004 Tax Year
5 w( {4 ^5 {1 v _+ e/ E |
first $20,000
, i* }/ S5 S/ L/ h4 |( j | no premium9 y: S% n2 L$ U: B# l4 t
| no premium
$ n4 C" b5 n8 x0 x! O6 l |
over $20,000 up to $25,000
' T0 o- O& @, o: z | (taxable income - $20,000) x 6%# C* I! v, N% Q
| (taxable income - $20,000) x 3%
1 ?: g1 }8 \$ ^4 C/ G& c0 j6 M |
over $25,000 up to $36,000
+ p, _! U3 f# q | $300
% [. K! a @/ S2 L( S5 t- G5 g+ H | $1505 E! w! o! y( h" N
|
over $36,000 up to $38,500- Y V0 ]' }8 H7 |
| $300 + (taxable income - $36,000) x 6%
; g2 P! \9 c. r: N3 Q; m/ E$ L | $150 + (taxable income - $36,000) x 3%
* v* t4 ~1 x1 K; b1 x( W5 v |
over $38,500 up to $48,0009 g# y _1 l+ m6 s1 Z8 d" ]
| $450/ D, u# v8 J' [2 `6 J4 N! {; w
| $225
5 z8 Q" P7 \- J9 R `* ?4 K |
over $48,000 up to $48,6003 T8 D& w, e2 e9 Y* ?7 V
| $450 + (taxable income - $48,000) x 25%! ^: c' ?9 F( J0 {1 K9 M
| $225 + (taxable income - $48,000) x 12.5%
6 ^2 `4 Z' `6 |4 m( V |
over $48,600 up to $72,0001 ^9 u5 l" ?: Q% E4 M
| $600
: Y2 s7 r0 q; l" \5 S1 l. u | $300
' F: ^- J. B2 Z/ _ |
over $72,000 up to $72,600 N8 g T$ t! b7 h; F/ c- A4 G
| $600 + (taxable income - $72,000) x 25%; _$ ~" c% P' R
| $300 + (taxable income - $72,000) x 12.5%
. y! ~8 e# ^' W6 o$ I6 N' o |
over $72,600 up to $200,000
4 m+ n' Q# [3 y$ I | $750& s: c0 G! f. R* ~- o1 v
| $375
+ \3 `! u z7 P& |7 m |
over $200,000 up to $200,600
/ o8 ?- Q% M6 X& y! E. ]3 ~% e6 y | $750 + (taxable income - $200,000) x 25%3 T& G& m1 w$ z, C4 E
| $375 + (taxable income - $200,000) x 12.5%2 t; G) t, C8 r; c+ {. Q/ B
|
over $200,600$ X B8 [% W4 w
| $900- U- e5 v3 x! ^4 F
| $450
5 u, Z4 J. `( r1 Z |