Take a closer look at this article to discover important details about Trillium Payment Dates 2024, including how much you’ll receive, when you’ll get it, and the schedule for payments.
Trillium Payment Dates 2024
The Trillium benefit is a program in Ontario designed to help families with lower incomes cover their energy and tax expenses. Payments are scheduled for the 10th of each month, except on weekends or holidays, when they’re made on the last business day before the 10th.
Upcoming payments are expected on October 10, November 10, and December 8, 2023. You can choose to receive your payment by direct deposit or check for quicker and reliable access to your benefits. For more details on Trillium Payment Dates in 2024 and other related information, check out this article.
What is Trillium Payment Dates 2024?
The Ontario Trillium Benefit (OTB) is a monthly payment from the Ontario government designed to help low- to moderate-income households in Ontario cover their taxes and energy bills. To receive this benefit, you need to apply for it, even though it’s not like a regular loan.
In Ontario, there’s a benefit called the Ontario Trillium Benefit that combines energy credits, sales tax credits, and credits for energy and property taxes. This benefit helps cover energy bills, some property taxes, and exempts you from paying sales tax. Families could get up to $265, while singles might get a maximum of $172.
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Trillium Payment Dates Overview 2024
| Article Name | Trillium Payment Dates 2024 |
| Responsible Agency | Canada Revenue Agency |
| Place | Ontario, Canada |
| Aim | To provide medium-low income families cover their taxes. |
| Triilium Payment Dates | 10th of every month in a FY |
| CRA Online Portal | https://www.canada.ca/en/revenue-agency.html |
Trillium Payment Amount 2024
In the 2023/2024 fiscal year, the total maximum Ontario Sales Tax Credit (OSTC) for both adults and children is $345. The amount you receive decreases as your household income goes up. For single adults without children, the adjusted household income threshold is $26,535, while for parents, it’s $33,169.
You can find out how much credit you might qualify for by looking at the criteria in the table below.
| Criteria | Maximum Trillium Credit Amount |
| 18-64 years old | $1,194 |
| 65-65+ old | $1,360 |
| Living in a Public Long-term care home | $265 |
| Students living in designated academic institutions | $25 |
Your money from the OTB can be used to pay off any taxes you owe the CRA or other debts. If there’s any money left after that, you’ll get it sent to you.
Trillium Payment Lump Sum 2024
Your benefit year starts in July and ends the following June 30, based on your previous year’s tax return. If you qualify for the Ontario Trillium Benefit, you’ll receive your full amount in July if it’s less than $360.
If your benefit is over $360, you’ll receive monthly payments. You can also choose to get one big payment at the end instead of 12 monthly payments. Just make sure to request this by December 23, 2023.
Trillium Payment Payment Schedule 2024
The Trillium Payment is sent out on the 10th of each month, starting from July through June of the next year. To receive the benefits of this program, it’s crucial for all eligible recipients to file their taxes on time.
You can find the full Trillium Payment Schedule for the rest of the 2024-25 payments in the table below:
| Month | Payment Date |
|---|---|
| July | July 10, 2024 |
| August | August 10, 2024 |
| September | September 10, 2024 |
| October | October 10, 2024 |
| November | November 10, 2024 |
| December | December 10, 2024 |
| January | January 10, 2025 |
| February | February 10, 2025 |
| March | March 10, 2025 |
| April | April 10, 2025 |
| May | May 10, 2025 |
| June | June 10, 2025 |
How to Apply for Trillium Payment Benefits 2024?
To get the Ontario Trillium Benefit (OTB), you need to include an ON-BEN Application Form with your tax return every year. This form is part of your tax package. When you send in your income tax return, they’ll automatically check if you qualify for OTB.
It’s important to file your taxes on time each year to be eligible for OTB. If you file after the April 30 deadline, your OTB payment might be delayed. Also, the money you get from Trillium benefits isn’t taxed.
Fact Check
- Trillium Benefits payments will be made on the 10th of each month.
- If your tax return is reviewed by June 20, 2024, you’ll receive your payment on the 10th of each month. If the 10th is on a weekend or holiday, the payment will come on the last working day before the 10th.
- If your 2023 tax return is reviewed after June 20, 2024, your first OTB payment will be issued within four to eight weeks after the review. Subsequent payments will be made on the 10th of each month.
- If your annual entitlement is $360 or less, you’ll receive it as a single lump-sum payment on July 10, 2024.
- If you choose to wait for your 2024 OTB entitlement and it’s more than $360, you’ll get it as one payment at the end of the benefit year, on June 10, 2025.
FAQ
Wondering when you’ll get your OTB payment in December 2024?
Your OTB payment will be deposited directly into your bank account on December 8, 2024. Normally, you receive OTB benefits on the 10th of each month.
What exactly is your OTB allowance?
Your OTB allowance is the total of your three OTB payments. You can estimate your yearly benefit using the CRA Family Benefit Calculator.