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Thread: 2021 Benefits and Payment dates

  1. #16
    MacGyvering the situation Ciel21's Avatar
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    If you managed to file your personal income tax return for the 2020 tax year by April 30, 2021, your new benefits year/amounts start in July.

    GST/HST credit-July 5 direct deposit; allow 5 business days after this date for mailed cheques to reach you.

    Ontario Tax Benefit-July 10 for direct deposit; allow 5 extra mailing days for cheques.

    If you are eligible for tax credits but filed after April 30, your credit mailing/direct deposit date for the first month will be delayed.

    If you did not file your personal tax return at all, well you won't receive any eligible tax credits until you file and wait the requisite 6-8 weeks for your notice of assessment, then the later benefits letter/e-mail.
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  2. #17
    Easy Glider GoodBoy's Avatar
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    Thanks for the reminder @Ciel21 . Checked and my HST credit goes up handsomely this coming year. OTB still being waited on. The past two years I am told third-ish week of June the status and amount. Expect/Hope it also to go up nicely! More $$$ for cold beverages this summer! HAHA
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  3. #18
    MacGyvering the situation Ciel21's Avatar
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    Agree on the cold beverages *I foresee Pepsi products due to return of summer contest* and cold watermelons. Beyond footwear, my list might include either a new answering machine or small food processor (I watched Jamie Oliver slice salad ingredients in a big one and I want a fast salad with fennel just because).

    However, this year I will have to wait longer for my benefits. Since I paused my account info on CRA site, I am assuming I will get cheques as my bank account was closed in April. So it will be an interesting July.
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    ​2021-Formerly known as @Ciel. Baby Yoda fan, I am.

  4. #19
    MacGyvering the situation Ciel21's Avatar
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    CRA has added a compulsory passcode by phone requirement as part of multi-part authentication. No way to get around if CRA deems you eligible for it

    If you have a long message on your answering device/service, chances are the two statements of the 6 digit code might not be recorded. I missed most of the first code so the repeat part, I got all the digits. Think message was about to continue in French?

    GST credit only goes up 75 cents for my quarterly payment. Had expected $1 or more.
    OTB is $316 (July 9 date shown)
    Direct deposit-you have 3 options for updating current info on file. From what I gather, I have stopped payments so unless I provide new/updated bank info, my credit money is likely going to vacation in the CRA account until I get an account. Sigh. Will watch the mailbox to see if there might be a paper payment for each credit in July.
    ​2021-Formerly known as @Ciel. Baby Yoda fan, I am.

  5. #20
    MacGyvering the situation Ciel21's Avatar
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    Looks like CRA is making multi-authentication a real thing each time I want to log in. (I understood it as initial one-time need to do it). As our landline was in use when I was trying to access my account, I opted to Exit. This will be a headache, having to time passcode requests with free phone access (or having to tell family not to answer the phone).
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    ​2021-Formerly known as @Ciel. Baby Yoda fan, I am.

  6. #21
    MacGyvering the situation Ciel21's Avatar
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    GST credit cheque came in the mail today! Will wait for the OTB one, likely to arrive by next Tuesday. Then summer spree!
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    ​2021-Formerly known as @Ciel. Baby Yoda fan, I am.

  7. #22
    MacGyvering the situation Ciel21's Avatar
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    OTB lump-sum cheque came 3 business days after the direct deposit date. Still have to cash it! Tomorrow...
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    ​2021-Formerly known as @Ciel. Baby Yoda fan, I am.

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    $500 lump sum OAS payment for Seniors 75+.

    Date of payment

    This payment will be issued automatically the week of August 16, 2021.
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  9. #24
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    Quote Originally Posted by tjthemanto View Post
    Expect a lump sum one time payment of $500 - about 5 months from now in August, if you are almost 75 & getting OAS. Announced in Federal budget couple of days back.

    ---------------

    OAS pensioners who will be 75 or over by June 2022 will receive a one-time payment of $500 in August 2021.

    Budget 2021
    also proposes to boost regular OAS payments for pensioners 75 and over by 10 per cent as of July 2022.
    Date of payment

    This payment will be issued automatically the week of August 16, 2021.
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  10. #25
    MacGyvering the situation Ciel21's Avatar
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    @tjthemanto Thanks for the reminder about the lump sum OAS amount. Seems my mother qualifies as she will be 75 later in the year so within the June 2022 time limit.
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    ​2021-Formerly known as @Ciel. Baby Yoda fan, I am.

  11. #26
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    Quote Originally Posted by tjthemanto View Post
    Date of payment

    This payment will be issued automatically the week of August 16, 2021.
    Next week. Maybe August 20??

    As CCB payment is on August 20.

    Sometimes Government likes to give different totally unrelated payments on the same day.
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  12. #27
    MacGyvering the situation Ciel21's Avatar
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    When the bank statement came last week, I checked to see the date of direct deposit for the OAS senior's grant. It was August 16 (Mom hadn't asked in the bank when she did her banking).
    ​2021-Formerly known as @Ciel. Baby Yoda fan, I am.

  13. #28
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    Quote Originally Posted by Ciel21 View Post
    When the bank statement came last week, I checked to see the date of direct deposit for the OAS senior's grant. It was August 16 (Mom hadn't asked in the bank when she did her banking).
    Yes it was on a Monday, August 16.
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