Among the seniors in Ontario it is one of the common topics in their conversation. Thanks to the internet which provides instant information. We can Google search and find relevant information from reliable sources. The follow information is from the website of GOVERNMENT OF CANADA:
Seniors age 65 and over are eligible to seniors tax benefit. It is OSHPTG. The Ontario senior homeowners' property tax grant. It is intended to help offset property taxes for seniors who own their own home and who have low to moderate incomes. This program is funded entirely by the Province of Ontario. The CRA (Canadian Revenue Agency) administers this program for Ontario.
Senior homeowners can apply for the current-year OSHPTG when they file their prior-year income tax and benefit return. For example, you would apply for the 2019 grant on your 2018 income tax and benefit return. The first time you could apply for the OSHPTG was on your 2008 income tax and benefit return.
The OSHPTG payment will be issued approximately four to eight weeks after your notice of assessment or reassessment is issued.
The maximum grant is $500 for 2010 and later years. The maximum grant was $250 for 2009.
Note:
You may also be eligible for the 2019 Ontario energy and property tax credit (OEPTC) if you lived in Ontario on December 31, 2018, and at least one of the following applies:
- rent or property tax for your principal residence in Ontario was paid by or for you for 2018;
- accommodation costs for living in a public or non-profit long-term care home in Ontario were paid by or for you for 2018;
- home energy costs (for example, electricity, heat) for your principal residence on a reserve in Ontario were paid by or for you for 2018;
- you lived in a designated university, college, or private school residence in Ontario in 2018.
- rent or property tax for your principal residence in Northern Ontario for 2018;
- accommodation costs for living in a public or non-profit long-term care home in Northern Ontario for 2018; or
- home energy costs (for example, electricity, heat) for your principal residence on a reserve in Northern Ontario for 2018.
Find Your Benefits Here
Questions and answers
To find out if you are eligible to apply and to get more information, please see OSHPTG Questions and answers.
Source:
GOVERNMENT OF CANADA
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