Ontario residents can expect the second installment of the HST transitional benefit within days. Starting Friday, December 10th the Ontario government will begin to distribute the second installment of the HST transitional benefit. The HST Transitional Benefit is a short term series of payments meant to offset the cost of the Harmonized Sales Tax that was introduced on July 1st.
Single people earning less than $80,000 per year receive $100. Families and couples earning less than $160,000 will receive $335. Ontarians earning more than the thresholds will have their benefits clawed back accordingly. In June, a survey by HarrisDecima showed more than 80 per cent of Ontarians didn’t expect to receive the HST benefit.