Like many of you I’m sure, I’ve been working on preparing my tax return for the year, and as a resident of Ontario, I’ve been trying to figure out the new Ontario Trillium Benefit. What is the Ontario Trillium Benefit? Well, the Ontario Trillium Benefit is a new program from the Government of Ontario which combines three old tax credits into one, including:
- the Ontario Sales Tax Credit
- the Ontario Energy and Property Tax Credit
- the Northern Ontario Energy Credit