You could get up to $265 for 2011 for each adult and child in your family to help with the sales tax you pay on goods and services. This amount is adjusted for inflation each year.
If you pay rent or property tax, you could get up to $917 for 2011 to help with the sales tax you pay on energy and the property taxes you paid and qualifying seniors can get up to $1,044 for 2011.
Families living in Northern Ontario can get up to $204 for 2011 to help with their home energy costs, as it is often higher in the North due to more severe winters. If you are single, you can get up to $132.
You must be eligible to at least one of the benefits (OSTC, OEPT or NOEC) to eligible to receive OTB.
You must complete Ontario Form ON-BEN which is part of the 2011 T1 General Income Tax and Benefit Return package and file it with the Canada Revenue Agency (CRA). If file your individual tax returns later than April 30th may result in delay in receiving OTB payments.
It is crucial to keep an accurate and clear image of your financial situation in…
According to one's level of financial acumen, filing tax returns may be a complex process…
Bookkeepers play a crucial role in helping businesses manage their financial records and maintain accurate…
The function of an accountant is crucial to any business's ability to keep accurate financial…
The ease of engaging in the foreign exchange market is a predominant draw for many…
Tax day is something that every year, folks of all ages sigh in displeasure as…