 鲜花( 1)  鸡蛋( 0)
|
Lower incomes exempt from health-care levy
- o7 B* p4 `# E5 [$ N8 ` M- S9 i2 z8 \2 [) w9 M1 l5 E
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.7 K* P0 H3 D4 T1 `( b" x& O9 P
. q8 z: H) u/ p5 K. sPeople who make under $50,000 a year in taxable income will be exempt.2 e$ k, [$ c0 g8 c$ u
0 ~" A* z2 J$ q2 H3 _$ O" V$ LFor 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.0 K Y J6 x* q" {! n, N* J) E
5 w. K( c0 i( x d
By 2016-17, the first year the levy will be in place for the entire year, government will take in $530 million.
9 ~# D1 P% j% R* p0 ?
* ]( ~4 K4 N/ H* X. h8 cThe 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. |
|