 鲜花( 1)  鸡蛋( 0)
|
Lower incomes exempt from health-care levy
' c& ^6 w- ?" u% f5 p3 j1 T( @; g# \8 B7 [% v" B, Z, a9 |/ \& X
However, the government is taking measures to reduce the effects on lower income earners. Unlike the old health premiums that were killed in 2008, the new health-care contribution levy will be assessed according to income.) k, t1 |' @% G; ]0 H9 ~
9 H9 N1 U3 r7 iPeople who make under $50,000 a year in taxable income will be exempt.
( d5 R g7 q0 I5 b! @6 R" U2 G5 a% e% l$ a
For example, someone earning between $50,000 to $70,000 will pay a maximum of $200 a year. The amount will be capped at $1,000 a year for those earning over $130,000 a year. The payments will be deducted from people’s paycheques and will not be paid by employers.; V1 N7 Z; l& s8 q3 X
/ w1 R0 n! |% N$ a9 s) K5 D9 uBy 2016-17, the first year the levy will be in place for the entire year, government will take in $530 million.
& A5 M! T8 h& K' N
8 t/ w" J) U4 ?The government is also introducing the new Alberta working family supplement, which will assist families that earn between $2,760 and $41,220 a year. A working family with one child will be eligible for a maximum credit of $1,100. The supplement will be paid in addition to the Alberta family employment tax credit, which has increased. |
|