 鲜花( 1)  鸡蛋( 0)
|
Lower incomes exempt from health-care levy
5 O3 Q+ D0 E) {: W1 t# Q7 q( ?) Z7 |+ I
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.* t' k$ Y5 a, ?7 w' i
( Q9 \, w9 z5 a7 C5 b3 d. z; ]People who make under $50,000 a year in taxable income will be exempt.
5 J) U7 w7 V8 l: P4 ]7 \# a; `0 i0 q* B; W; `( j
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 $130,000 a year. The payments will be deducted from people’s paycheques and will not be paid by employers.
3 |# I; c! t4 u/ k' K" w! D H$ S
+ R( V7 v5 P4 x& _3 B. S6 s: X: eBy 2016-17, the first year the levy will be in place for the entire year, government will take in $530 million.
* B; N+ `+ z3 J8 C% P$ e' ~
" H1 a; V( G: c- C SThe 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. |
|