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2 MINFacts · Taxes and benefits · Canada

Taxes and benefits in Ontario

Rates, deadlines, and the credits and benefits you can claim.

Showing all 7 facts
7 facts · Ontario
FactValueAs ofSource
Ontario LIFT credit for low-income workers — maximum and phase-out (2026 tax year)Up to $875 (or 5.05% of employment income); phases out above $32,500 individual / $65,000 family2026-01-01Ontario Ministry of Finance — Low-income workers tax credit
✓ 2026-11-10
Ontario Sales Tax Credit maximum per person (July 2026 to June 2027, 2025 tax year)378 CAD/year2026-07-01Government of Ontario, Ontario Trillium Benefit
✓ 2026-09-09
What the Ontario Trillium Benefit is made of (2026-27 benefit year)Energy and property tax credit, Northern Ontario energy credit, sales tax credit2026-07-01Government of Ontario, Ontario Trillium Benefit
✓ 2026-09-09
When the Ontario Trillium Benefit arrives as one payment instead of monthly (2026-27)Entitlement of $500 or less is paid as one lump sum2026-07-01Government of Ontario, Ontario Trillium Benefit
✓ 2026-09-09
When the Ontario Trillium Benefit is paid (2026-27 benefit year)10th of each month, July 2026 to June 20272026-07-10Government of Ontario, Ontario Trillium Benefit
✓ 2026-09-09
Most anyone pays in Ontario Health Premium in a year (2026 tax year)900 CAD/year2026-01-01Government of Ontario, Health premium
✓ 2026-09-09
Ontario Health Premium — income below which you pay nothing (2026 tax year)No premium if taxable income is $20,000 or less2026-01-01Government of Ontario, Health premium
✓ 2026-09-09

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iamonmybreak publishes general information for working people. It is not legal, tax, or financial advice, and it is not a substitute for advice about your own situation. Rules differ by province and country and change over time; the date at the top of this piece is when we last checked. For your specific case, especially anything involving money you are owed, contact a free community legal clinic or your provincial or territorial labour standards office.