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Home  ->  Ontario  -> Ontario Personal Tax Credits

Ontario Personal Tax Credits

Ontario Non-Refundable Personal Tax Credits

For information on the amounts of most non- refundable tax credits available to Ontario residents, see the non-refundable personal tax credits tables.

Ontario Low-income Individuals and Families (LIFT) Tax Credit

Dividend Tax Credits

Ontario Tax Reduction

Ontario Taxation Act, 2007 s. 20
bullet available to low income individuals and families
bullet amount received depends on ON tax otherwise payable
bulletamounts for dependent children and dependants with a mental or physical infirmity must be claimed by the spouse with higher net income for tax purposes
bulletamount can be claimed for spouse with a mental or physical infirmity only if all or part of the disability tax credit is being transferred from the spouse.
bullet cannot exceed ON tax payable (not refundable)

The tax reduction cannot be claimed by an individual who was not resident in Canada at the beginning of the year.  Thus, it is not available to new immigrants.

The tax reduction for dependents under age 19 is not shown on the Ontario TD1 forms, so employees or pensioners will have to provide the employer or payer with a written request to include such amounts.

See Canada Revenue Agency (CRA) form ON428 from the  Ontario General Income Tax and Benefit Package page for detailed calculation.

Ontario Refundable Tax Credits

These are refundable to an individual even if no income tax was paid.

Every individual's situation is different, so check CRA form ON479 from the  Ontario General Income Tax and Benefit Package page to see if you qualify for these credits.

Ontario Staycation Refundable Tax Credit

Taxation Act, 2007 s. 103.0.5(5)
bulletfor the 2022 tax year only
bulletpersonal income tax (PIT) credit of 20% of eligible 2022 accommodation expenses of up to $1,000 for an individual and $2,000 for a family
bulletmaximum credit of $200 for an individual or $400 for a family
bulletto be claimed on 2022 tax returns
bulletrefundable, so applies even if no tax owed for 2022

Seniors' Home Safety Refundable Tax Credit

bulletInitially meant to be for 2021 only
bullet2021 Fall Economic Outlook and Fiscal Review extended this credit by 1 year to 2022.

Jobs Training Refundable Tax Credit

bulletInitially meant to be for 2021 only
bullet2021 Fall Economic Outlook and Fiscal Review proposes to extend this credit by 1 year to 2022.

Ontario Childcare Access and Relief from Expenses (CARE) Tax Credit - new for 2019

Seniors' Public Transit Tax Credit - new for 2017

Ontario Trillium Benefit (OTB) and Ontario Senior Homeowners' Property Tax Grant (OSHPTG)

Tax Tip:  File a tax return even if you have no income, to get the refundable tax credits.

Prior Refundable Tax Credits

Children's Activity Tax Credit - eliminated for 2017 and later taxation years

Healthy Homes Renovation Tax Credit - eliminated for 2017 and later taxation years

Ontario Energy and Property Tax Credit

bulletreplaced by Ontario Trillium Benefit

See also:

Provincial tax credits paid with the GST/HST credit

Ontario Sales and Property Tax Credit

The Ontario 2009 Budget replaced the combined Sales and Property Tax Credit with two separate credits, the Sales Tax Credit and Property Tax Credit.  They were both then replaced by Ontario Trillium Benefit.

Ontario Budget Website information:

Ontario Energy and Property Tax Credit - from 2010 budget

Revised: November 19, 2022

 

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