View previous topic :: View next topic |
Author |
Message |
MaestroCantus

Joined: 29 Jul 2007 Location: Seoul
|
Posted: Tue Apr 29, 2008 9:14 pm Post subject: Ontario, Canada: OHIP & Income Taxes . . . ??? |
|
|
OK, I've got a friend (I doubt he's ever lived outside of Canada since he moved here), and he claims that you don't pay income tax if you surrender your OHIP.
Is this true?
If so, what's the benefit? (and how does this work?) |
|
Back to top |
|
 |
jen_the_great
Joined: 09 Sep 2006 Location: Gangnam, Seoul
|
Posted: Tue Apr 29, 2008 9:37 pm Post subject: |
|
|
Don't tell OHIP you're leaving Canada. If you're out of the country for more than 6 months, your OHIP will be cancelled. In order to get it back you have to prove that you'll be living in Canada permanently and you'll be waiting 3 months just so they can make sure. You can get out of this waiting period by getting some paperwork from your school, but it's just a huge hassle. Unless your health card is expiring, you're much better off leaving the Ministry of Health in the dark. |
|
Back to top |
|
 |
smedini

Joined: 02 Apr 2008
|
Posted: Tue Apr 29, 2008 9:53 pm Post subject: |
|
|
Hey Maestro;
We've just discussed and debated this ad nauseum in the threads Hand's in My Pocket, Canadian Non-Residency Denied!, and one more, I think
Have a peek through those and if you have any questions after you read that, post away
~smedini |
|
Back to top |
|
 |
wings
Joined: 09 Nov 2006
|
Posted: Tue Apr 29, 2008 9:55 pm Post subject: |
|
|
If you are not going to pay tax on your Korean income in Canada then you really should cancel your OHIP. This would be very valuable if you are ever audited and need to prove that you were a non-resident. If you don't cancel your health insurance then if will be really hard to establish non-residency. |
|
Back to top |
|
 |
Vancouver
Joined: 12 Dec 2006
|
Posted: Tue Apr 29, 2008 9:56 pm Post subject: |
|
|
what's OHIP? Income tax is theft! |
|
Back to top |
|
 |
Newbie

Joined: 07 Feb 2003
|
Posted: Tue Apr 29, 2008 10:26 pm Post subject: |
|
|
Vancouver wrote: |
what's OHIP? Income tax is theft! |
Ontario Health Insurance Policy. |
|
Back to top |
|
 |
skconqueror

Joined: 31 Jul 2005
|
Posted: Wed Apr 30, 2008 2:52 am Post subject: |
|
|
I canceled mine. |
|
Back to top |
|
 |
|