Ontario Trillium Benefit Payment Dates 2024: Know OTB Eligibility & Payment Schedule

With the introduction of the Ontario Trillium Benefit Payment 2024, the provincial government of Ontario provides a financial safety net to help citizens fulfil their various tax responsibilities. This payment is made to qualified persons on a monthly basis, straight into their bank accounts. The final working day before the 10th of the month is used as the Ontario Trillium Benefit Payment Dates 2024 in the event of official holidays or weekends, even if the tenth day of the month is the planned date.

The Ontario Trillium Benefit April 2024 is intended to assist those with low to moderate incomes in meeting their property tax, sales tax, and energy costs. The three main benefits it offers are property tax credits, sales tax credits, and energy credits, and you must fulfill Ontario Trillium Benefit (OTB) 2024 Eligibility to get this payment. These benefits are supplemented by additional products and are managed by the Canada Revenue Agency (CRA).

Ontario Trillium Benefit Payment Dates 2024

The Ontario Trillium Benefit April Payment 2024 is given on a monthly basis. You will receive Trillium Payment Online 2024 in your bank account on the 10th of every month. The Ontario government helps low- and moderate-income families by giving them Ontario Trillium Benefit 2024 Payment. You can use the OTB Payment Amount 2024 to cover your daily costs once it is released. It will be paid into the bank account you have registered.

You may use this to apply for government social assistance. The government of Ontario will help all the residents who meet the requirements to get the money, even if it is not a personal loan. You can go down and get to know more about Trillium Payment Date 2024.

  • The Ontario Trillium Benefit 2024 Amount will be sent to your bank account by calculating the first ten business days, regardless of any holidays or other legislative holidays.
  • The department’s official website allows you to verify it.
  • The Canada Revenue Agency (CRA) have established the 10th of each month as the Trillium payment date, that will be in effect until 2024.

Ontario Trillium Benefit April 2024 Details

Post TitleOntario Trillium Benefit Payment Dates 2024
Name of DepartmentCanada Revenue Agency (CRA)
MotiveGiving assistance to Lower and Middle Families to Cover the Tax Burden
CategoryFinancial Aid
OTB April 2024 Payment DateApril 10, 2024
OTB Payment Dates10th Day of Every Month
official websiteontario.ca

Ontario Trillium Benefit (OTB) 2024 Eligibility

  • You had to be a resident of Ontario on December 31st of the preceding year in order to be eligible for the OTB. This implies that you must have been a resident of Ontario on December 31, 2023, if you plan to apply for the benefit in 2024.
  • To be eligible, you have to be married or have a CLP. If you are a parent, you have to be residing with your child or have done so in the past.
  • You needed to have paid property taxes or rented your primary residence for 2023, lived on a reserve and paid for your home’s energy bills, or resided in a public long-term care facility and paid a portion of your rent.
  • To be OTB Payment 2024 Eligible, you must file an income tax return. This is so because the benefit you get is determined using the data from your tax return.
Ontario Trillium Benefit Payment Dates 2024

OTB Payment Amount 2024

The total of the amounts you would be eligible for the Ontario sales tax credit, the Northern Ontario sales tax credit, and the Ontario energy and property tax credit program is known as the OTB amount. A number of variables, including family size, age, income, and the amount of rent or property tax paid, affect the OTB Payment Amount 2024. Several criteria are taken into account while calculating the OTB Payment April 2024 Amount.

For individuals and children, the combined Ontario Sales Tax Credit (OSTC) maximum for the 2023–2024 year is $345. There is a 4% decrease in the benefit that corresponds to the adjusted household net income. The criterion for adjusted household net income for parents is $33,169, whereas the barrier for single people without children is $26,535.

CriteriaMaximum OTB Amount
Age Between 18 to 64 Years Old$1,194
65 and Above$1,360
Residing in Public Long-term Care Home$265
Students residing at specific academic organizations$25

OTB Payment Dates 2024

  • April 10, 2024
  • May 10, 2024
  • June 10, 2024
  • July 10, 2024
  • August 9, 2024
  • September 10, 2024
  • October 10, 2024
  • November 8, 2024
  • December 10, 2024

Steps for OTB Payment 2024 Application

  • To apply for the Northern Ontario Energy Credit (NOEC) or the Ontario Energy and Property Tax Credit (OEPTC), fill out the ON-BEN Application Form.
  • If you have no income to declare, you must file a tax return each year in order to be qualified for the OTB.
  • Please submit the completed ON-BEN Application Form with your tax return when you file.
  • You can apply for the Ontario Sales Tax Credit automatically by included the ON-BEN Application Form with your tax return.
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