Ontario Health Premium% e- v- C, c4 o! U; @$ p7 p
|
Taxable Income
( K `" c) u; o. w" Q1 m | 2005 and Later Tax Years0 G3 z" n4 Z- _1 J, l
| 2004 Tax Year
, A! M. z' w. A) h+ y |
first $20,000
- g! }! }$ ~$ R+ j7 f4 K( e/ D | no premium8 A1 p4 M* X/ y4 W" b7 H
| no premium5 x7 b R( i7 h6 k1 L
|
over $20,000 up to $25,0007 h3 w; _! a* @& v! C( F K1 P
| (taxable income - $20,000) x 6%5 j4 f% K' S9 y* Y0 S2 n
| (taxable income - $20,000) x 3%& y9 I# V! `( K, x. M
|
over $25,000 up to $36,0002 |& d' W6 [5 x/ y+ B* ^ l
| $300
0 ]& @! s2 c' }" K | $1501 y6 P" }* t% `! N
|
over $36,000 up to $38,500
3 ?5 r' A1 W2 U! B2 z; t | $300 + (taxable income - $36,000) x 6%
[5 ~( `7 c! [' p" J/ A | $150 + (taxable income - $36,000) x 3% ^) k4 E- @' l0 z. G
|
over $38,500 up to $48,000
& N# b$ w) L8 A+ L7 n( T; C | $450
. @( s* M# ]% w+ D* { | $225
( y# d& c+ R& ^+ n0 Z% m3 B! A. T |
over $48,000 up to $48,600" H" ^$ W9 P* N8 ?# E/ {3 v- O
| $450 + (taxable income - $48,000) x 25%
# Y+ R: z! A7 z2 N3 B$ Y: m; C | $225 + (taxable income - $48,000) x 12.5%
! ~: q8 h7 K" r* h- l$ } |
over $48,600 up to $72,000
6 {8 c! e/ m% l- m6 \6 q5 W9 K8 L | $600 T6 Y4 D, }5 j( Q
| $300+ Q- F5 E* f5 M
|
over $72,000 up to $72,6003 f( I# L: i* w3 T i5 [
| $600 + (taxable income - $72,000) x 25%
1 K, g: l3 r/ U) h- K | $300 + (taxable income - $72,000) x 12.5%
8 @9 @! n/ T% }; X# i" a% g |
over $72,600 up to $200,000
0 Z/ \2 }) [3 D4 j | $7509 ]. {8 l- _& p. e% d" a. q% G
| $375
, ^0 F1 v, R c# b% G7 s( K; q |
over $200,000 up to $200,600
, D* h4 j" t' f- s | $750 + (taxable income - $200,000) x 25%- d: j* r1 j4 i9 E
| $375 + (taxable income - $200,000) x 12.5%- H& f$ P3 k' [4 d! f
|
over $200,600) q3 e/ @0 e. o4 A. ?4 H
| $900
+ J* o2 h) ~. r" u | $450
' I! X: h" A \ |