The $360 OSTC Benefit February 2025 is an annual credit payment that is paid under the Ontario Trillium Benefit. This Ontario sales tax credit is part of the OTB Payment. This tax credit is available to the Ontario residents who paid the sales taxes. This tax credit is the financial assistance payment that is provided to Ontario low and modest income earners. Each year, the residents pay the sales tax and to cover the financial burden the CRA also offers the Tax credit to the Ontario residents. Each individual will get $360 per annum but this OSTC is paid monthly combined with the OTB.
$360 OSTC Benefit February 2025
This $360 OSTC Benefit February 2025 is a tax free payment that is mainly designed for the Ontario lower and modest income earners. This financial assistance payment can help the Ontario residents to offset the sales tax. For the payments based on the 2023 base year, the OSTC will provide a maximum annual credit of $360 to each adult and child from July 2024 till June 2025. It means that this $360 annual credit benefit will be paid only till June 2025 and from July 2025 the credit amount will be reviewed by the CRA. It is officially stated by the CRA that the OSTC will be $371 from July 2025 till June 2026.
Ontario Sales Tax Credit Payment 2025- Overview
| Post Title | $360 OSTC Benefit February 2025 |
| Year | 2025 |
| Country Name | Canada |
| Issuing Agency | CRA |
| Name of the Program | Ontario Sales Tax Credit |
| Canada OSTC Benefit Eligibility 2025 | Qualified Residents in Ontario |
| Objective | Financial Support |
| Payment Frequency | Monthly |
| CRA Ontario Sales Tax Credit Payment Schedule 2025 | Each Month 10th |
| Post Category | Finance |
| Official Web Page | www.canada.ca |
Canada OSTC Benefit Eligibility 2025
For this OSTC Annual Benefit of $360 the residents must follow the provided criteria:
- The beneficiaries must be Ontario Residents.
- The income tax return of 2023 must be filed by the beneficiaries.
- The CRA automatically provides the tax credit to the eligible residents based on their data on the tax return.
- The adjusted annual net income of the single residents with no children must be under $27,729. If a resident crosses this income limit then their credit amount will be reduced by 4%.
- The adjusted annual net income of the married residents or the resident who live in common law relationship must be under $34,661. If the resident crosses this income limit then their credit amount will be reduced by 4%.
CRA Ontario Sales Tax Credit Payment Schedule 2025
This OSTC will be included in the OTB Payment and the OTB Payments are scheduled monthly:
| Month – Year | OSTC Payment Date 2025 |
| January – 2025 | 10th |
| February – 2025 | 10th |
| March – 2025 | 10th |
| April – 2025 | 10th |
| May – 2025 | 9th |
| June – 2025 | 10th |
| July – 2025 | 10th |
| August – 2025 | 8th |
| September – 2025 | 10th |
| October – 2025 | 10th |
| November – 2025 | 10th |
| December – 2025 | 10th |
Fact Check: Canada $360 OSTC Benefit 2025
This $360 Canada OSTC Benefit for February 2025 is fully reliable. This OSTC is a part of Ontario Trillium Benefit. This OSTC is included in this benefit and issued as per the OTB schedule only. This $360 is the annual credit payment that is available to the Omatari residents only. As based on the income tax return data, the eligibility is determined by the CRA and then CRA notifies the eligible residents for this payment. The residents need no application for this OSTC. For the reliable information on this OSTC Benefit, the users can visit www.canada.ca or Service Canada page.
FAQ Related To $360 OSTC Benefit February 2025
This $360 is the annual credit payment that will be provided by the CRA. This $360 annual credit will be included in the OTB Payment.
Yes, this $360 OSTC amount is reliable until June 2025 and from July 2025 this amount will be raised to $371.
This $360 OSTC will be paid on 10th February, 2025.
The CRA checks the eligibility as per the data on the tax return. This means that there is automatic enrolment in this program.
Yes, this $360 OSTC Payment is only for the lower and modest income earners in Ontario. The income for the 2023 tax year is $$27,729 for the single residents and $34,661 for married residents.
The residents can know more on this $360 OSTC Payment Feb 2025 from the official CRA portal or www.canada.ca.
