Ontario Health Premium* r: I3 p% w& k- p0 `8 L# j) O7 X
|
Taxable Income
4 O, }8 j( n$ O Y. E! X2 W/ C0 a- h | 2005 and Later Tax Years( ~: }: d8 k+ T& x4 t& I
| 2004 Tax Year
; o( y4 s8 X2 x( C: ]' ~ |
first $20,000
8 i1 _: E0 f4 W7 t- G | no premium
1 ~( \% Q% c& _* M | no premium
$ i% R$ d* C: r4 b- T |
over $20,000 up to $25,000
! ] z5 e. k% j$ S5 w. ~$ W0 P | (taxable income - $20,000) x 6%4 w9 m1 o6 L1 \6 W5 Z
| (taxable income - $20,000) x 3%
+ R; j# [: F4 B |
over $25,000 up to $36,000' D" P# g& n3 H% E5 _# v* H a
| $3004 x, `9 h; S- K% t1 T% I3 c
| $150
$ l$ x- N# I' T! O" L j2 L' V |
over $36,000 up to $38,500
$ S, l, y$ O# ` | $300 + (taxable income - $36,000) x 6%+ Q0 B C! z5 m- q& K6 b! G3 Z& y
| $150 + (taxable income - $36,000) x 3%
2 |$ x( K% s! V! c# v |
over $38,500 up to $48,000
l% _- K- {5 R | $450
, I8 k3 \7 k5 Z | $2259 |' N7 z S; a, J. X. O
|
over $48,000 up to $48,600
9 ?" S5 f0 {) M; w/ |/ r1 L | $450 + (taxable income - $48,000) x 25%
8 m6 [) _! J6 H: f3 D. B | $225 + (taxable income - $48,000) x 12.5%' ], W- h; V5 J5 v: B5 f
|
over $48,600 up to $72,000
! R N4 t9 S/ v3 T/ Z+ j6 |6 ^+ r | $6009 C9 W. p0 Q7 e; @$ A; f' \
| $300% G% i h r5 q/ V: X
|
over $72,000 up to $72,600
$ F% |+ |# w& c | $600 + (taxable income - $72,000) x 25%- R+ \% _3 n0 m0 q
| $300 + (taxable income - $72,000) x 12.5%9 m# |6 ]( n6 y d3 u1 ~( x- O$ [
|
over $72,600 up to $200,000
6 u/ l/ n+ `) x) r; s | $750
& _) P, j1 J% {( [1 L/ P | $375% k6 T* P8 H( q9 m; n
|
over $200,000 up to $200,6009 |" c6 Q2 A' Z
| $750 + (taxable income - $200,000) x 25%
% m1 h9 x8 s# |4 |, c6 j | $375 + (taxable income - $200,000) x 12.5%# B; p# a" v: i( G/ z
|
over $200,6009 M' H3 m2 c' B) ?
| $900/ W( n/ [- x7 E& I) b5 f% X
| $450
4 B0 ^- B D1 q6 k |