 鲜花( 1)  鸡蛋( 0)
|
Lower incomes exempt from health-care levy
( `: k4 Q8 l* _4 H: r3 S# R `; x0 J; ~9 ?% q
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.' }3 F5 X" c. L
) k3 d7 K( ]3 {3 h. E
People who make under $50,000 a year in taxable income will be exempt.
# V- S& i8 u# p1 b- h: r2 Z' x3 ~" \5 e( u2 G5 e! c0 Q! m
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 $130,000 a year. The payments will be deducted from people’s paycheques and will not be paid by employers.
* k) _4 e/ _, h) u4 ~6 a* T
7 Q/ V, x( L$ N) O5 g0 C' } CBy 2016-17, the first year the levy will be in place for the entire year, government will take in $530 million.& q5 u( `( i0 s- t
& e, Z% w+ Y6 W/ P2 ]! R
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. |
|