Ontario Health Premium! }! U4 W! ]; l$ h" |/ A
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Taxable Income
' v' ]$ Z, e# z7 H# s+ V; ` | 2005 and Later Tax Years
$ s) E4 t& s# ~2 o7 ?0 }; L d | 2004 Tax Year
- d3 U: w9 _5 a5 e2 l |
first $20,000
; `; V- i3 J% o | no premium
% v) x0 B( u7 M1 \5 r2 q | no premium) L, P+ J: f! o, N( p( l* H, {
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over $20,000 up to $25,000
# T" q, T, G- H. T4 h/ d* s8 [ | (taxable income - $20,000) x 6%
8 u2 u( k( K# F* H3 @2 U) j! X1 m$ A | (taxable income - $20,000) x 3%
3 G8 |" z- c) x6 h |
over $25,000 up to $36,0000 p; q& `! T m- K
| $300* S1 F( u6 }6 T2 o
| $150- b! W/ Z/ \, u
|
over $36,000 up to $38,500" Y/ `/ _* N# Q
| $300 + (taxable income - $36,000) x 6%
' I1 k6 E( [& M* u4 G4 E | $150 + (taxable income - $36,000) x 3%2 ]. X+ @1 M; `+ b7 P+ \3 ? H
|
over $38,500 up to $48,000
6 E5 T" w n) W/ v) J7 _7 s | $450
' M) m7 F1 N3 {0 t | $225
- W' x2 C3 Y. a; o3 J |
over $48,000 up to $48,600/ }" w6 L& V! P" \! D2 n, m3 d
| $450 + (taxable income - $48,000) x 25%/ L1 R( v& ~# O }3 ]' C6 T
| $225 + (taxable income - $48,000) x 12.5%- Z1 z, a, o4 J6 c& c+ A
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over $48,600 up to $72,0006 r8 C# S- R$ q
| $600
' |1 W; w2 W7 v1 ?4 O4 v | $300- D4 B; B% u& {8 x, F w9 P [
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over $72,000 up to $72,600
( o1 v, c8 ^" [; \" o0 j G. p | $600 + (taxable income - $72,000) x 25%
; m+ U1 H6 A% X) \2 W | $300 + (taxable income - $72,000) x 12.5%
7 y2 J4 ~& b! I5 _# c# W |
over $72,600 up to $200,0006 {1 p |5 ]2 y9 S- e- h% j) H" s
| $7503 t8 S% F; q( H W) s% U' U! E) w
| $375
( e9 M/ D* j" i" n+ y( y8 ^ |
over $200,000 up to $200,600
3 W% F! X0 x3 ~: I% g1 T) X | $750 + (taxable income - $200,000) x 25%2 s9 O. y) U( `, R y/ a. A
| $375 + (taxable income - $200,000) x 12.5%
% A5 c1 `8 o4 `' P R" ]0 G6 f _ |
over $200,600: n4 r7 O3 q/ L' n* j0 d
| $900
4 T! j* j2 g V! s% q | $450
# k. v7 m, ^7 ` m+ Y |