The Ontario Trillium Benefit (OTB) starts its fiscal year on July 10, providing eligible residents with payments that combine the Ontario Energy and Property Tax Credit, Northern Ontario Energy Credit, and Ontario Sales Tax Credit. To qualify, applicants must have filed their previous year’s tax return and meet age and residency criteria, with benefits distributed as lump sums or monthly installments based on the amount owed.
Explain It To Me Like I’m 5: The Ontario Trillium Benefit is money that some people in Ontario can get to help with their energy bills and taxes, and if you’re eligible, you might see the money in your bank account on July 10.
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