Estate Administration Tax
Changes under the new Ontario Provincial Budget – April 11 , 2019
The province is eliminating the estate administration tax next year for all estates with assets of $50,000 or less.
The government says about 2,500 out of the roughly 30,000 taxable estates in the province will be exempt from the tax.
Those worth more than $50,000 will see the tax reduced by $250.
People will also have more time to file the information for the tax.