Senior Homeowners’ Property Tax Grant
The Ontario Senior Homeowners Property Tax Grant is an annual amount provided to help offset property taxes for seniors with low to middle incomes who own their own homes. In 2009, the maximum grant is $250. In 2010 and subsequent years, the maximum grant is $500.
The Canada Revenue Agency administers the grant on behalf of the Province of Ontario.
Can I receive the property tax grant?
You can apply for a grant for a taxation year if you meet the following conditions on December 31 of the previous year.
To apply for the 2010 grant, you must file a personal income tax return for 2009 and meet the following conditions:
- you were 64 years of age or older on December 31, 2009
- you were a resident of Ontario on December 31, 2009
- you (or your spouse or common-law partner) owned and occupied your principal residence on December 31, 2009 for which you (or your spouse or common-law partner) paid Ontario property taxes in 2009
- your spouse or common-law partner has not received a Property Tax Grant for 2010
- you meet the income requirements.
You may be eligible for the Ontario Property Tax Credit in addition to the Property Tax Grant. For 2009, the property tax credit is a portion of the Ontario Property and Sales Tax Credit. Starting in 2010, the Ontario Property and Sales Tax Credit is replaced with a new Ontario Sales Tax Credit and a new Ontario Property Tax Credit.
Note: If you did not apply for the 2009 grant on your 2008 personal income tax return, you may contact the Canada Revenue Agency at 1 800 959-8281 to request an adjustment to your return to apply for it before January 1, 2012.
How do I apply to receive the property tax grant?
To receive the grant, you have to apply for it each year by completing and attaching Form ON479, Ontario Credits and Senior Homeowners’ Property Tax Grant, to your personal income tax return. (Note: this form is included in the Ontario General Income Tax and Benefit package.)
Your grant will be based on the information provided in your income tax return. You should receive your grant by cheque or direct deposit within 4 to 8 weeks after you receive your Notice of Assessment from the Canada Revenue Agency.
Where can I find more information?
For additional information, review the Senior Homeowner’s Property Tax Grant Information Bulletin or contact the Ministry of Revenue at:
- 1 866 ONT-TAXS (1 866 668-8297)
- 1 800 263-7776 for teletypewriter (TTY)
Ontario Senior Homeowners’ Property Tax Grant Questions and Answers are also available through the Canada Revenue Agency website.
Frequently Asked Questions
- Will the grant be taxable?
- Will secondary residences such as cottages be eligible for a property tax grant?
- Do homeowners have to pay their property tax before receiving a grant?
- I believe my property assessment is not accurate, can you help?
- You are helping seniors who own homes with their property tax burdens. How are you helping low-income Ontarians who rent?
- I have an outstanding debt with the CRA and didn’t receive a GST credit because I owed money to the government. Will I receive the grant?
- I forgot to apply for the OSHPTG when I filed my 2008 and 2009 income tax and benefit returns. Can I still apply for the grant?
Source : http://www.rev.gov.on.ca/en/
(The comments contained on this site are for information purposes only and do not constitute legal advice.)
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