Ontario harmonized sales tax (HST) transition benefit rebate cheques / OSTTB: Who, when, how much?
How do I check the status of my HST rebate?
To check the status of your public service bodies’ rebate claim, you can sign into My Business Account and select “View a PSB rebate” or call 1-800-959-5525.
How much is the harmonized tax?
The Harmonized Sales Tax HST is 13% in Ontario. Ontario provides relief on the 8% provincial portion of the HST on specific items through a point of sale rebate.
How much is the harmonized sales tax in Ontario?
13%
The Government of Ontario has introduced a harmonized sales tax (HST) which came into effect on July 1, 2010. The HST rate is 13% of which 5% represents the federal part and 8% the provincial part.
How much is PST in Ontario?
8%
Currently, the federal government departments collect and pay GST at the rate of 5% in the provinces of Ontario and British Columbia. With respect to the provincial sales tax (PST), departments charge and collect 8% on taxable supplies in Ontario and 7% on taxable supplies in British Columbia.
Who is eligible for HST refund?
You are generally eligible for the GST/HST credit if you are considered a Canadian resident for income tax purposes the month before and at the beginning of the month in which the Canada Revenue Agency makes a payment.
How do I claim HST rebate?
Apply for the GST/HST credit by simply filing your tax return.
- Complete one of the following forms: If you have children: fill out and sign Form RC66, Canada Child Benefits Application to apply for all child and family benefits, including the GST/HST credit. …
- Mail the completed form to your tax centre.
How much is the GST for 2021?
For the 2021 base year (payment period from July 2022 to June 2023), you could get up to: $467 if you are single. $612 if you are married or have a common-law partner. $161 for each child under the age of 19.
What is the HST in Ontario 2021?
13%
13% (HST) in Ontario.
What is the GST in Canada 2021?
2021 Sales Tax Rates in Canadian Provinces and Territories
| Prov/ Terr | 2021 Rate | |
|---|---|---|
| GST/HST | PST | |
| AB | 5% GST | n/a |
| BC | 5% GST | 7% |
| MB | 5% GST | 7% |
What is the maximum GST credit for 2020?
For the special payment, the annual GST/HST credit amounts will be doubled. The maximum amounts for the 2019-2020 benefit year will double to $886 (from $443) if you’re single and will increase to $1,160 (from $580) if you’re married or living common-law.
How much do you get for GST 2022?
July 2021 – June 2022
Recipients who are single can get up to $456, married couples can get up to $598, plus up to $157 per child under age 19. CRA has this useful calculator to estimate your GST/HST credit. Pro Hint: You need to file a tax return to qualify for the GST/HST credit.
How much is GST this month?
The maximum you can receive from the GST/HST credit until the end of the payment period (June 2022) is: $456 if you’re single. $598 if you’re married or have a common-law partner. $157 for each child under the age of 19.
How much is the Trillium Benefit 2021?
$1,121 if you are between 18 and 64 years old. $1,277 if you are over 65 years old. $249 if you live on a reserve or in a public long-term care home. $25 for the time you lived in a designated college, university or private school residence in 2021.
How much is the Trillium benefit 2022?
The maximum OEPTC amount in 2022 is: $1,095 for individuals between 18 and 64 years old. This is made up of $243 for energy costs and $852 for property taxes. $1,247 for seniors who are 65 years and older.
Do Ontario Trillium benefit Cheques expire?
Government cheques never expire or stale-date, so you can cash any cheques you have.
What is the Trillium benefit for seniors?
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.
How often is the Ontario Trillium benefit paid?
10th of each month
Ontario trillium benefit (OTB)
The annual OTB entitlement is usually divided by 12 and the payments issued monthly. Your 2022 OTB payments, which are based on your 2021 income tax and benefit return, will be issued on the 10th of each month, starting in July 2022 (see note for exceptions).
What is the maximum tax refund you can get in Canada?
If younger than 19, you must live with your spouse, common-law partner or child, be a resident of Canada, and earn a working income. The maximum credit amount is $1,381 for single individuals with a net income below $24,573, and $2,379 for families with a net income below $37,173.
What is considered low income in Ontario?
For families, it would start to be reduced at $65,000, up from $60,000. The government said around 700,000 more people would be able to benefit from the change, with most new recipients having incomes between $38,500 and $50,000. In total, around 1.7 million low-income workers are expected to qualify for LIFT.
What is the poverty level for seniors in Canada?
Measures to reduce poverty among seniors should focus mainly on single individuals, in most cases the surviving member of a single-income family. 1 Low income cut-offs are differentiated by community residence and household size and range from $12.6k-19.3k; they are widely used in poverty research.
What is considered low income for seniors in Canada?
Currently, single seniors with a total annual income of $29,285 or less, and couples who have a combined annual income of $47,545 or less are eligible for the benefit. What is this? A single senior can qualify for up to a maximum amount of $11,771 per year and for a senior couple, it is up to a maximum of $15,202.