Tax Time Tips from MPP Caroline Mulroney
As tax time approaches, it is important to remind every member of the community to file an income tax return for 2023, even if you have no income. The Provincial Government has a number of credits and benefits to highlight from the 2023 Tax Year:
Ontario Seniors Care at Home Tax Credit
Medical expenses that support aging at home made in 2023 could be eligible for the Ontario Seniors Care at Home Tax Credit. Examples: hearing aids and hospital beds. Learn more: www.ontario.ca/page/ontario-seniors-care-home-tax-credit
Ontario’s Child Care Tax Credit
Child care expenses, including service provided by child care centres, homes and camps in 2023 could be eligible for the Child Care Tax Credit. Learn More: www.ontario.ca/page/ontario-child-care-tax-credit
Ontario Seniors’ Public Transit Tax Credit
The Ontario Seniors’ Public Transit Tax Credit is a refundable tax credit to help seniors with public transit costs in 2023. Learn More: Ontario Seniors’ Public Transit Tax Credit | ontario.ca
Ontario Trillium Benefit
The Ontario Trillium Benefit is a refundable tax credit to assist low-income families in paying for energy costs, sales tax, and property taxes. It combines the The Ontario Sales Tax Credit and the The Ontario Energy and Property Tax Credit (OEPTC) into one single payment. Ontario Trillium Benefit | ontario.ca
Remember to file your personal Income Tax and Benefit Return by April 30, 2024. Do you have a question about a provincial tax credit or benefit? Call MPP Caroline Mulroney’s constituency office at 905-895-1555 or by email at caroline.mulroneyco@pc.ola.org