The Ontario government plans to move forward with offering several tax credits to residents as it officially presented the 2022-23 budget on Tuesday.

The tax credits include an extended credit for low- to middle-income earners, a senior credit to make their homes safer, and a subsidy for child care costs for parents with children.

To ensure the tax credits, MPP members still need to vote on the budget before it is passed.

The first tax credit, the Low-income Individuals and Families Tax Credit, also known as LIFT, has existed since 2018, but the program was only available to people earning up to $38,500 annually.

The proposed budget promised to expand the program so that people in the province earning over $50,000 annually or families earning $82,500 annually can access the credit.

The expansion means that more than 1.7 million Ontarians could be eligible for an average tax credit of $300.

At maximum, low-income earners can receive up to $875 as a tax exemption.

The credit can be claimed every year when filing the personal tax return.

The second proposed tax credit is the Ontario Senior Care Tax Credit to help support low-income seniors aged 70 and over.

Low-income seniors in that age group can receive up to $1,500 for hospital-like equipment and medical support.

It provides a 25 percent tax reduction on home medical costs for seniors up to $6,000.

Under the terms of the new credit, they can claim expenses related to visits from home nurses, a hospital bed at home, wheelchairs, midwives, canes, oxygen, prescription glasses, or hearing aids.

The credit is refundable and anyone earning up to $65,000 can qualify, with the credit amount offered on a sliding scale based on income level.

The third proposed tax credit is called Childcare Access and Relief from Expenses (CARE).

The province previously said the loan will be offered to families with a household income of $150,000 or less.

Eligible families may be able to claim up to 75 percent of certain childcare expenses, including services from camps and child care centers.

The province previously said the new tax exemption will provide on average about $1,250 per family in new child care support for nearly 300,000 families. The credit can also be claimed every year when filing the individual personal tax return.