Ontario HST Transition Cheques
Ontario families may be eligible to receive HST transition cheques (Ontario Sales Tax Transition Benefit) from the government to help them cope with the implementation of Harmonized Sales Tax on July 1st, 2010.
Eligible individuals and families will receive 3 tax free payments in June 2010, December 2010 and June 2011. Individuals will receive a maximum of $300 paid in $100 amounts on the dates listed here. Eligible single parents and couples will receive up to a maximum of $1000 spread out over those sames dates. Single individuals earning more than $82,000/year will not receive HST transition cheques. Single parents or couples that earn more then $166,700 will not receive HST transition cheques either.
If you’re eligible, you must file your tax return to receive the cheque. There are a number of reasons that could potentially lead to “missing” HST cheques, as HSTinCanada has received numerous emails from people who believe they should have already received a cheque. If the CRA is expecting your spouse to file their taxes and they haven’t year, you won’t receive your HST cheque. Late filers can still receive the HST transition cheques; they will be cut approximately 8 weeks after CRA has received your income tax return.
If you are filing late, don’t delay too long! Taxes files over 1 year late forfeit the right to receive HST transition cheques.