Ontario Making Life More Affordable This Tax Season with Tax Credits for Workers, Seniors and Families

Province offers wide range of credits for training, childcare and low-income workers

Markham-Unionville — The Ontario government continues to deliver on its commitment to put more money in the pockets of seniors, workers and families by offering tax credits this tax season.

“The 2021/2022 tax season is fast approaching,” said Billy Pang, MPP for Markham-Unionville. “As a government, we are continuing to deliver our commitment to put more money in the pockets of Ontarians with tax credits to support seniors, families, and workers. I encourage Markham-Unionville residents to look to see if they are eligible for these tax credits.”

Ontario residents should file their 2021 Income Tax and Benefit Return to get tax credits and benefits, even if they have no taxable income to report. The government’s suite of tax credits and benefits includes:

  • The Ontario Jobs Training Tax Credit helps workers get training that may be needed for a career shift, re-training or to sharpen their skills. The credit provides up to $2,000 in relief for 50 per cent of a person’s eligible expense. The government is extending this tax credit to the 2022 tax year, to help more workers continue to upgrade their skills and transition back to the labour force.
  • The Seniors’ Home Safety Tax Credit helps make seniors’ homes safer and more accessible so they can stay in their homes longer. The credit is worth 25 per cent of up to $10,000 in eligible expenses for a senior’s principal residence in Ontario, to a maximum credit of $2,500. The government is also extending this tax credit to the 2022 tax year, to help seniors who may not have had a chance to use it in 2021.
  • The Low-Income Workers Tax Credit, known as Low-income Individuals and Families Tax (LIFT) Credit, provides up to $850 each year in Ontario personal income tax relief to low-income workers, and can be used to reduce or eliminate an individual’s Ontario personal income tax, excluding the Ontario Health Premium.
  • The Ontario Child Care Tax Credit (known as Ontario Childcare Access and Relief from Expenses (CARE) Tax Credit), which puts more money in the pockets of families and provides the flexibility they need to choose the child care options that work best for them. The government is providing a 20 per cent top‐up to this tax credit for 2021, increasing support from $1,250 to $1,500, on average.
  • The Ontario Seniors’ Public Transit Tax Credit is a refundable tax credit to help seniors with public transit costs.
  • The Ontario Energy and Property Tax Credit is a refundable tax credit to help low to moderate income individuals and seniors with property taxes and sales tax on energy costs.
  • The Northern Ontario Energy Credit is a refundable tax credit to help Northern Ontarians with higher home energy costs.

“The people of Ontario work hard and our government understands that taxpayers are under pressure,” said Peter Bethlenfalvy, Minister of Finance. “As people gear up for another tax season, I want to encourage everyone to explore the credits they could be eligible to receive.”

Individuals and families should also save their receipts for local travel in 2022, to claim the Ontario Staycation Tax Credit next tax season.

This tax credit encourages Ontario families to explore the province, helping the tourism and hospitality sectors recover from the COVID-19 pandemic. It allows Ontario residents to claim 20 per cent of their eligible 2022 accommodation expenses (for example, for a stay at an eligible hotel, cottage or campground) of up to $1,000 as an individual or $2,000 if you have a spouse, common-law partner or eligible children, to get back up to $200 as an individual or $400 as a family.

Visit ontario.ca/page/tax-credits-and-benefits-people to find out more about Ontario’s tax credits and benefit programs.