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The Canada Revenue Agency pays the Ontario Sales Tax Credit, Ontario Energy and Property Tax Credit and the Northern Ontario Energy Credit together monthly as the Ontario Trillium Benefit (OTB). However, Ontario Regulation 468/11 originally provided that annual OTB entitlements of $240 or less are paid as a lump-sum.
Every 19-year-old (or older) citizen is eligible, and the tax credit benefit is paid for each adult and child in the family. The main factor in determining eligibility for Ontario Sales Tax Credit is income. For 2021, you would have received full benefits if your income is: $24,916 or under as a single individual, or.
The Ontario trillium benefit (OTB) is the combined payment of the Ontario energy and property tax credit, the Northern Ontario energy credit, and the Ontario sales tax credit. The annual OTB entitlement is usually divided by 12 and the payments issued monthly.
To qualify, you must be a resident of Northern Ontario on December 31, 2021, and at least one of the following at some time before June 1, 2023: 18 years of age or older. have or previously had a spouse or common-law partner. a parent who lives or previously lived with your child.
To qualify for the maximum amount in 2022, your adjusted family net income for the 2021 tax year has to be $35,000 or less (singles) or $45,000 or less (couples).
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To qualify for the maximum amount in 2022, your adjusted family net income for the 2021 tax year has to be $35,000 or less (singles) or $45,000 or less (couples).
Your Trillium benefits are automatically renewed each year. You will have received a letter at your home address, confirming your coverage and the amount of your deductible, payable in 4 instalments, from August 1, 2022 to July 31, 2023.
We invest in non-profit organizations to improve the health and well-being of Ontarians.
The Ontario Trillium Benefit (OTB) is a refundable tax credit that helps Ontarians with their energy costs and provides relief from sales and property tax. The OTB is made up of three tax credits: Ontario Sales Tax Credit. Ontario Energy and Property Tax Credit.
The Ontario trillium benefit (OTB) is the combined payment of the Ontario energy and property tax credit, the Northern Ontario energy credit, and the Ontario sales tax credit. The annual OTB entitlement is usually divided by 12 and the payments issued monthly.

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