what is otb notice

An OTB notice is a letter sent to eligible Ontario residents informing them of their status with respect to the Ontario Trillium Benefit. The Ontario Trillium Benefit (OTB) is the combined payment of the Ontario energy and property tax credit, the Northern Ontario energy credit, and the Ontario sales tax credit. The annual OTB entitlement is usually divided by 12 and the payments are issued on the 10th of each month. The 2023 OTB payments, which are based on your 2022 income tax and benefit return, will be issued monthly from July 2023 to June 2024. If you receive an OTB notice from the CRA, it may contain an update or a request for additional information regarding your participation in the Ontario Trillium Benefit program. The notice may inform you that youve been approved for benefits, provide information on how and when you will receive your benefit payments, or request for information needed to assess your OTB eligibility. If you have any questions or concerns about your OTB notice, the best course of action is to contact the CRA directly for assistance.