2016 Heath Contribution Abolished Retroactive

2016 Heath Contribution Abolished Retroactive

Quebec Budget
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Québec Budget – Modifications introduced in the 2017-2018 Budget, tabled March 28, 2017 Health Contribution
In its budget tabled on March 28, 2017, the Québec government announced that the health contribution has been abolished retroactively beginning with the 2016 year for all taxpayers 18 years of age or older whose income for that year was under $134,095.

Taxpayers with income over $134,095 for 2016 will have to pay, unless exempt, a health contribution equal to the lesser of the following amounts: $1,000 or 4% of their income in excess of $134,095.

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Author: will

30+ year tax professional preparing individual tax returns for Canadians and non-residents of Canada.

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