The MPP for Bruce Grey Owen Sound says the provincial government is putting more money back in people’s pockets.
Bill Walker said the Low-Income Individuals and Families Tax Credit means those who earn $30,000 or less would pay zero personal income tax on their 2019 tax returns. He said that represents up to $850 per person and up to $1,700 per couple in savings.
“Every single cent of savings is being targeted to lower-income workers in Ontarians,” said Walker. “This is a lift for those who need it most.”
In all, 1.1 million people in Ontario will benefit from this tax relief measure. Individual incomes just over $30,000 a year and family incomes over $60,000 a year will see graduated tax relief as well.