How does the tax changes help Ontario taxpayers?

To help Ontarians, the government is providing $12 billion in personal tax relief over three years. €¢ 93 per cent of Ontario income tax payers received a permanent personal income tax cut on January 1, 2010. €¢ A new Ontario Sales Tax Credit provides up to $260 a year for each adult and each child in low- to middle-income families.

A new Ontario Property Tax Credit provides an additional $270 million in property tax relief annually to low- to middle-income Ontario homeowners and tenants. €¢ Eligible families (including single parents and senior couples) with annual adjusted family net incomes of $160,000 of or less receive three tax-free payments totaling $1,000. €¢ Eligible single people (including single seniors) with annual adjusted net incomes of $80,000 or less receive three tax-free payments totaling $300.

Find out more about what the tax package means to families and consumers. More.

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