Ontario, Canada income tax time has approached us again. How quickly the time flies. If you don't have income to report or haven't filed for a few years, filing a tax return would be good this way you don't miss Ontario new benefits.
Up to $260 a year for each member of your family from the Ontario Sales Tax Credit.
Up to $1,100 a year per child from the Ontario Child Benefit.
Up to $900 a year, per family or single person, from the Ontario Energy and Property Tax Credit, or up to $1025 if you are a senior.
Up to $50 a year per child under 16 years of age or up to $100 for a child with a disability under age 18, from the Children's Activity Tax Credit.
Up to $130 a year per single person or $200 per family from the Northern Ontario Energy Credit if you live in northern Ontario.
Up to $1000 for families or $300 for single people from the Ontario Sales Tax Transition Benefit, made in three separate instalments.
To qualify for the 2011 payment, tax filers must file a 2010 tax return by April 30, 2012. You can still qualify for the two payments made in 2010 if you file a 2009 tax return by April 30, 2011.
For more information about these credits and benefits, please visit www.ontario.ca/taxchange.
To find a volunteer tax preparation clinic near you, please visit www.cra-arc.gc.ca/volunteer.
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