Remember meForgot password?
    Log in with Twitter

article imageSurvey: Ontario residents not expecting their HST cheque

By KJ Mullins     Jun 7, 2010 in World
More than six million Ontario households are due to receive the HST Transitional Benefit payment starting June 10. A survey found found that 80 percent of those residing in Ontario were unsure or didn't expect to get the HST Transitional Benefit payment.
The Harris/Decima survey was commissioned by H&R Block.
The benefit in Ontario includes many taxpayers because of the higher income thresholds. Single people earning $80,000 or less who qualify will receive three $100 payments. Families and couples can earn up to $160,000 to receive three installments of $330, $335 and $335 if they qualify.
The payments will be in June, December and June 2011.
"The HST will be applied to some items that were previously exempt from provincial sales taxes so the HST transitional benefit is a short term series of payments meant to help offset some of the increases," explains Cleo Hamel, a Senior Tax Analyst from the Tax Advisory at H&R Block in a press release obtained by Digital Journal. "As long as you filed your 2009 tax return by April 30 and you qualify, you should be receiving the first installment payment shortly."
To qualify for the two payments in 2010, a 2009 tax return would have to be filed.
More about Hst benefit, Cheque, Taxpayers
More news from
Latest News
Top News