Yahoo Canada Web Search

Search results

  1. About the tax credit. The Ontario Seniors' Public Transit Tax Credit is a refundable tax credit to help seniors with public transit costs. Who is eligible. To qualify for the credit, you must: be 65 years old or older on the last day of the previous tax year that you're claiming the credit; live in Ontario by the end of that year

  2. Aug 8, 2022 · In 2022, Canadians will be able to take advantage of several new tax deductions and credits. Some of these include the Children's Fitness Tax Credit, the Public Transit Tax Credit, and the Volunteer Firefighter's Tax Credit.

  3. Jul 3, 2020 · Yes, you may be able to claim a 15% non-refundable tax credit for the cost of eligible transit passes that are for the use of public transit services for the period January 1, 2017 to June 30, 2017 on your 2017 income tax and benefit return.

  4. Feb 14, 2023 · The deadline for most Ontario residents to file their income tax and benefit returns for 2022 is April 30, 2023. Since this date is a Sunday, a return will be considered filed on time if the CRA receives it, or it is postmarked, on or before May 1, 2023.

    • Canada Revenue Agency
  5. You can claim the OSPTTC for qualifying payments you made for the use of eligible public transit services in 2023. A qualifying payment is an amount paid for any of the following: a public transit pass for a set number of rides during a period of at least one day; a public transit pass for an unlimited number of rides; an electronic payment card

  6. Jun 7, 2024 · Revenues were bolstered by operating subsidies, which amounted to $8.5 billion. In 2022, total transit passenger trips increased to 1.4 billion, up 50.7% from 2021. As reported by the monthly release on urban public transit estimates, ridership continued recovering into 2022.

  7. People also ask

  8. Jan 13, 2022 · The 2022 staff-recommended tax-supported budgets ensure the City can continue to: Deliver critical and responsive City services during the pandemic; Invest in public health, including the largest and most successful vaccination campaign in the country

  1. People also search for