User Tag List

Results 1 to 7 of 7
Like Tree6Likes
  • 1 Post By Ciel21
  • 1 Post By tjthemanto
  • 2 Post By eataiag
  • 2 Post By eataiag

Thread: 2024 Canadian Tax Credits and Benefits

  1. #1
    Smart Canuck Ciel21's Avatar
    Join Date
    May 2021
    Location
    Ancaster ON
    Posts
    4,321
    Likes Received
    7409
    Trading Score
    0 (0%)




    0
    Expires on: Tue, Dec 31st, 2024
    Apologies to anyone (who like me) might have been expecting to get the January Climate Action Incentive Payment today. At least I checked my account at the ATM on the way!

    The schedule indicates the payment is on the 15th of January, April, July and October unless the day falls on the weekend or federal statutory holiday-then payment is made on the last business day before the 15th.

    Climate Action Incentive

    https://www.canada.ca/en/revenue-age...-payments.html

    Benefit payment dates


    Canada child benefit (CCB)

    Includes related provincial and territorial programs
    All payment* dates

    • January 19, 2024
    • February 20, 2024
    • March 20, 2024
    • April 19, 2024
    • May 17, 2024
    • June 20, 2024
    • July 19, 2024
    • August 20, 2024
    • September 20, 2024
    • October 18, 2024
    • November 20, 2024
    • December 13, 2024

    * Haven't received your payment?
    Wait 5 working days from the payment date to contact us.
    Goods and services tax / harmonized sales tax (GST/HST) credit

    Includes related provincial and territorial programs
    All payment* dates

    • January 5, 2024
    • April 5, 2024
    • July 5, 2024
    • October 4, 2024

    * Haven't received your payment?
    Wait 10 working days from the payment date to contact us.
    Ontario trillium benefit (OTB)

    Includes Ontario energy and property tax credit (OEPTC), Northern Ontario energy credit (NOEC) and Ontario sales tax credit (OSTC)
    All payment* dates

    • January 10, 2024
    • February 9, 2024
    • March 8, 2024
    • April 10, 2024
    • May 10, 2024
    • June 10, 2024
    • July 10, 2024
    • August 9, 2024
    • September 10, 2024
    • October 10, 2024
    • November 8, 2024
    • December 10, 2024

    * Haven't received your payment?
    Wait 10 working days from the payment date to contact us.
    Climate action incentive payment (CAIP)

    All payment* dates

    • January 15, 2024
    • April 15, 2024
    • July 15, 2024
    • October 15, 2024

    * Haven't received your payment?
    Wait 10 working days from the payment date to contact us.
    Advanced Canada workers benefit (ACWB)

    All payment* dates

    • January 12, 2024
    • July 12, 2024
    • October 11, 2024

    * Haven't received your payment?
    Wait 10 working days from the payment date to contact us.
    Alberta child and family benefit (ACFB)

    All payment* dates

    • February 27, 2024
    • May 27, 2024
    • August 27, 2024
    • November 27, 2024

    * Haven't received your payment?
    Wait 5 working days from the payment date to contact us.


    https://www.canada.ca/en/revenue-age...ent-dates.html
    This thread is currently associated with: N/A
    lilo0003 likes this.
    "This is the Way." The Mandalorian


  2. #2
    Canadian Guru
    Join Date
    Mar 2010
    Location
    Canada
    Posts
    11,052
    Likes Received
    6201
    Trading Score
    46 (100%)




    OAS, CPP & GIS dates :


    • January 29, 2024
    • February 27, 2024
    • March 26, 2024
    • April 26, 2024
    • May 29, 2024
    • June 26, 2024
    • July 29, 2024
    • August 28, 2024
    • September 25, 2024
    • October 29, 2024
    • November 27, 2024
    • December 20, 2024.
    Ciel21 likes this.

  3. #3
    Frosh Canuck
    Join Date
    Dec 2019
    Location
    SW Ontario
    Posts
    377
    Likes Received
    1010
    Trading Score
    0 (0%)



    Amounts for the Canada Carbon Rebate (CCR) (previously known as the Climate Action Incentive Payment) new benefit year starting in April 2024 announced: https://www.canada.ca/en/department-...r-2024-25.html

    https://www.canada.ca/en/revenue-age...-payments.html
    To receive your payment on April 15, 2024, you and your spouse or common-law partner (if applicable), must have your income tax and benefit return filed electronically on or before March 15, 2024. If your tax returns are processed after this date, your payment will be included in a subsequent payment after your return is assessed.
    Name:  CCR.jpg
Views: 132
Size:  169.0 KB

    Last edited by eataiag; Fri, Feb 16th, 2024 at 10:20 AM.
    walkonby and Ciel21 like this.

  4. #4
    Smart Canuck Ciel21's Avatar
    Join Date
    May 2021
    Location
    Ancaster ON
    Posts
    4,321
    Likes Received
    7409
    Trading Score
    0 (0%)




    So $18 increase for me in Ontario. If I remember 2023, those of us who had returns assessed by March 23 last year got the CAI one week prior to the rest of the filers? It was not much of a difference but CRA must like the carrot approach to get people to file while they have seasonal staff on duty for tax time.
    "This is the Way." The Mandalorian

  5. #5
    Smart Canuck Ciel21's Avatar
    Join Date
    May 2021
    Location
    Ancaster ON
    Posts
    4,321
    Likes Received
    7409
    Trading Score
    0 (0%)




    Saskatchwan residents, you have to watch and see how long your Premier and the Federal Government argue over carbon tax remittances as your Canada carbon rebate cheques are not coming.

    https://www.msn.com/en-ca/news/canad...te/ar-BB1ji9MG
    "This is the Way." The Mandalorian

  6. #6
    Frosh Canuck
    Join Date
    Dec 2019
    Location
    SW Ontario
    Posts
    377
    Likes Received
    1010
    Trading Score
    0 (0%)



    My Account shows my April CCR payment now. They also clarified the meaning of "subsequent payment" if you filed after March 15.

    Name:  CCR.jpg
Views: 46
Size:  33.7 KB
    walkonby and Ciel21 like this.

  7. #7
    Smart Canuck Ciel21's Avatar
    Join Date
    May 2021
    Location
    Ancaster ON
    Posts
    4,321
    Likes Received
    7409
    Trading Score
    0 (0%)




    Darn, guess there's no spree on April 15 for me. Since it takes about 4 weeks to get a paper tax return to assessment, that means the CCR might not reach me until June! I dislike the yearly moving of the carrot stick in relation to the CCR.

    Feel for the residents of Saskatchewan-no CCR for anyone whilst the Premier withholds carbon tax funds from the federal government.
    "This is the Way." The Mandalorian

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •