Ontario Health Premium
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Taxable Income
0 P, E* y; H# Q. `% I | 2005 and Later Tax Years
9 Q2 n0 A2 p5 j, k+ |: ~$ q | 2004 Tax Year
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first $20,000, u, c" b i4 x6 [: d: ]
| no premium" x! v% J. k; O! Q4 W2 {3 S
| no premium( V f7 ]1 Z- I
|
over $20,000 up to $25,000
& z4 \) f! R: x: q: ]" m' ? | (taxable income - $20,000) x 6%1 M# e1 q, m) f9 F/ {6 `
| (taxable income - $20,000) x 3%
t8 k5 v7 t* E |
over $25,000 up to $36,000. y, l3 g# e* ^2 d& s
| $300: C: K; A0 J' F( U9 C) Y, [7 I
| $150* n1 ?6 a7 M9 ]- |0 v5 E, j, F
|
over $36,000 up to $38,5005 c4 j) y R" ]0 c
| $300 + (taxable income - $36,000) x 6%
9 w4 N8 a; ^6 R) x | $150 + (taxable income - $36,000) x 3%9 |1 S$ e) v1 S9 e& X2 R2 y: J) a
|
over $38,500 up to $48,000* k( d7 E% z1 x, L0 E" a& r
| $450
9 A o; @4 Y/ q | $2250 D6 e/ N$ z ?6 I8 h( U( j
|
over $48,000 up to $48,6004 B) x7 ~$ d& p0 K, E& F$ T
| $450 + (taxable income - $48,000) x 25%8 V9 [( [ @) Q8 d: f; A
| $225 + (taxable income - $48,000) x 12.5%7 I( ^5 z# S+ Q" S+ |" W' c
|
over $48,600 up to $72,0007 t' u0 Q x( O2 Z& `8 w
| $600$ P, `# j+ B$ t4 h; p
| $300! D1 \& `0 ?0 U, B0 A/ L$ c
|
over $72,000 up to $72,600/ i$ ?6 u- ], t- g* ]% W
| $600 + (taxable income - $72,000) x 25%
6 ^- |$ Z, ?% A1 Z" N | $300 + (taxable income - $72,000) x 12.5%
5 {0 e1 B6 G" S3 \' w" Z8 n0 b |
over $72,600 up to $200,0005 o0 R' ]* q4 e# i H0 W. `. {
| $750
. @3 R- D1 f( n: |1 j6 _) Z# g | $375- g# {, b/ @+ E, A. Q( ?
|
over $200,000 up to $200,600
$ B2 R; H8 D% H, N& x | $750 + (taxable income - $200,000) x 25%
/ L: _8 W& O- m ^( r | $375 + (taxable income - $200,000) x 12.5%% [. J. f- E0 u, N
|
over $200,600
/ }; J! A4 p w( o" h | $900( o. L4 A# u5 v0 L) |' o# a) h
| $450) o" b7 B% Q: j( l. R( q/ p* b0 E
|