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 $160,000, and it will be paid in three instalments in June 2010, December 2010, and June 2011.

Details of who is eligible and how the benefit is claimed are outlined on the Ontario Finance Web site at http://www.rev.gov.on.ca/en/credit/sttb/index.html.

 

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