Commentary

  • ON – New Bulletin Issued on Senior Homeowners’ Property Tax Grant

    The Ontario Ministry of Revenue has issued a new bulletin on the provincial Senior Homeowners’ Property Tax Grant. The grant, for which an application must be made on the homeowner’s tax return for the previous year, is increased for 2010 from $250 to $500. The new bulletin and more information on the grant can be […]

  • ON–Province Issues Bulletin on New Sales Tax Transition Benefit

    As part of its implementation of the new harmonized sales tax on July 1, 2010, the province of Ontario will be providing a sales tax transition benefit to some Ontario residents. The non-taxable benefit will be available generally to single taxpayers who have income under $80,000 and single parents or couples who have income under […]

  • ON–Budget proposes energy and property tax credit

    A proposal announced in the recent Ontario budget will see the current Ontario Property Tax Credit converted, for the 2010 and subsequent tax years, to the Ontario Energy and Property Tax Credit. In the first year of implementation, the credit would be paid after taxpayers file their 2010 tax returns in 2011. Thereafter, the credit […]

  • ON–Province introduces Northern Ontario energy credit

    As part of the 2010-11 provincial budget, the government of Ontario announced the creation of a new, permanent energy credit for residents of Northern Ontario. Northern residents who pay rent or property tax for their principal residence would be eligible for an annual credit of up to $130 for a single person and up to […]

  • ON – Online access for business tax accounts

    The province of Ontario provides businesses with online access to their business tax accounts through its ONTS-TAX service. Using that service, businesses can: File tax returns Make tax payments View up to four years of account history Update account information Request a refund for overpayment of tax View PDF copies of most correspondence issued to […]

  • ON – Information sheet issued on HST rebate on new housing

    When the new 13% harmonized sales tax comes into effect in the province of Ontario on July 1, 2010, the tax will be levied on purchases of new housing. However, a new housing rebate will be provided where the cost of that new housing is less than $450,000 and certain other conditions are met. The […]

  • ON – Information sheet issued on HST rebates for landlords

    One of the HST rebate programs which was introduced when the harmonized sales tax took effect in Ontario on July 1, 2010 was the new residential rental property rebate. Under that program, landlords in the province may be entitled to a rebate in respect of the provincial part of the HST paid on qualifying rental […]

  • ON – HST information seminars now available as videocasts

    The harmonized sales tax (HST) seminars co-sponsored by the Canada Revenue Agency (CRA) and the Ontario Ministry of Revenue in anticipation of the July 1 implementation of the HST have now ended. However, the seminars continue to be available on the CRA Web site as videocasts. Information on the topics covered and how to access the […]

  • ON – Ontario sales tax credit payments begin

    As part of the transition to the Harmonized Sales Tax, the government of Ontario introduced a new Sales Tax Credit for low and middle income individuals and families in the province. The sales tax credit of up to $260 for each adult or child in a family will be paid in four payments each year. […]

  • ON – Province issues new supplemental sales tax return

    Effective July 1, 2010, the province of Ontario moved to a harmonized sales tax (HST) system. Vendors in the province who collected provincial retail sales tax after the HST implementation date are required to file an RST Supplemental Return Card for periods between July 1 and October 31, 2010. The Ontario Ministry of Revenue recently […]