Ontario Health Premium- V3 {( x" ~2 s/ l1 j
|
Taxable Income! @: o1 B' q v
| 2005 and Later Tax Years6 J/ _/ b% @0 v5 T
| 2004 Tax Year# U; y Q. S! [3 I; B
|
first $20,000( O. i! l/ z7 N' c: ]! |' o3 e
| no premium8 f4 }7 ?# u7 c& s# |$ E
| no premium
8 s" \6 A- _5 p" p/ G0 h |
over $20,000 up to $25,0003 E0 {# V" i; g# w6 T
| (taxable income - $20,000) x 6%- E# t7 Z# o7 t+ [
| (taxable income - $20,000) x 3%
- s( Y& b& N$ l* U' | |
over $25,000 up to $36,000
4 G) B7 C3 E: d9 r* ^+ B | $300
' v' s/ f4 @* J' @ | $150
3 Z. t( o* ?7 j9 ]- T( {$ C. y2 p |
over $36,000 up to $38,500
% O1 N! t! z: T+ _' M8 b | $300 + (taxable income - $36,000) x 6%
: w2 m6 o: G' v T | $150 + (taxable income - $36,000) x 3%
$ o ^/ ?# _" W# k' w |
over $38,500 up to $48,000
& e% q" {' B# t! T | $450- U. B0 w% B2 j/ v( `5 h W0 l) S
| $225& |6 {/ z5 a( [! q& B
|
over $48,000 up to $48,600
7 N& R$ s9 \) ~1 f0 U8 k | $450 + (taxable income - $48,000) x 25%, \# s/ A3 ?1 D
| $225 + (taxable income - $48,000) x 12.5%
5 r" u( L$ x4 i7 \ |
over $48,600 up to $72,0007 {: _* j( c) f: ^+ G
| $600
9 I6 s0 y- O2 y9 M | $300
4 x1 M. |9 |6 _! j+ \* u |
over $72,000 up to $72,600
- r1 E* J0 ~: g; w+ g | $600 + (taxable income - $72,000) x 25%
0 R i6 {$ u% D | $300 + (taxable income - $72,000) x 12.5%; y! h1 C+ ~8 \) y8 x. K3 v
|
over $72,600 up to $200,000# V+ W$ {! ?! {9 h- ~( R) ]. A
| $7509 l# i) J- b% T; v
| $375
$ t. U0 U' O. W( ^9 I |
over $200,000 up to $200,600: I: Q+ i8 V) V; l
| $750 + (taxable income - $200,000) x 25%
7 _$ D8 |( G2 C \: @% _! o; n) I# p/ F | $375 + (taxable income - $200,000) x 12.5%7 S9 \3 o0 i+ q
|
over $200,600
4 U/ n7 F$ I8 r. t+ l | $900
3 q( J% I- p% K! H/ } | $450
8 F7 W% S9 F0 Y |