CRA Benefit Payments 2024: Who are eligible to get this Payment in Dec? Fact Check & All details Here!

CRA Benefit Payments in December 2024: Canada revenue agency is Going to release the huge payment to the Citizens in the country for different welfare programs by CRA in Dec {CRA Benefit Payments} 2024. Apart from the regular monthly payment such as CPP, OAS etc.. beneficiary is now can get the specific quarterly payment of different programs including Canada carbon rebate benefit, GST HST credits, Advanced canada worker benefit, Alberta child and family benefit (ACFB) etc.

So if you are also living in the country and paying your annual tax to the government then can check this article where we will share with you the details of upcoming CRA Benefit Payments 2024 including date of releasing the payment, type of the benefit, the beneficiary amount etc.

CRA Benefit Payments 2024: Who are eligible to get this Payment in Dec?
CRA Benefit Payments 2024: Who are eligible to get this Payment in Dec?

CRA Benefit Payments 2024

The advance Canada worker benefit is a welfare program for employees in the country who are paying their tax to the CRA annually and looking a tax rebate to take care of their family including spouse and children. The payment of Canada worker benefit is released three times in a year to the applicant. The upcoming payment is scheduled on 10th January, 2025. So if you are also living in Canada and more than 19 years old with the Annual income of $23,495 the you will get 100% payments of $1,428, If applying as an individual and if you are living with your family then you can claim the maximum payment of $2,461.

Canada Carbon Rebate (CCR) Payment 

The Canada carbon rebate is a Tax free payment in the country for all the people living in different province and territories of the Canada. Payment of the carbon rebate is provided quarterly or four time in a year. As its last payment was released on the 15th October, so there is no payment scheduled for December 2024.

The payment is provided according to the different province, so you need to visit on the official website of your specific province and territory where you are living and after that can check the specific payment in the upcoming quarter. However currently the Alberta is providing the highest payment of $224 to The single individual and providing a maximum of $450 to a family of more than 4 people.

Canada GST and HST Payment 

The GST and HST credits are provided to all the tax payers in the country quarterly on the schedule dates. The payment is released on the fifth day of January, April, July and October. As its last payment was released on October 4 for the year 2024, so there is no payment scheduled for December 2024.

According to the latest payment rates by Canada revenue agency, individuals will get  $519 and If you are living with your spouse then you will get the maximum payment of $680. Apart from this you can also Claim the payment of $179 for each child up to 4 who are under 19 years old and living with you in the family.

Regular CRA Benefit Payments in 2024

Apart from the above the specific programs in Canada which are scheduled either quarterly or other schedules throughout the year, government is also providing the monthly payment to the individuals through multiple schemes including Canada child benefit, old age security plan, Canada pension plan, Ontario trilliums benefit etc. So the payment of the above programs will be released on the schedule dates by following this table:

CRA Benefit Dec Payments Dates 2024

CRA BenefitPayment Date {Upcoming}Maximum Monthly Payment
Canada Pension Plan (CPP)Dec 20, 2024$1,175.83
Old Age Security (OAS)Dec 20, 2024$642.25
Canada Child Benefit (CCB)Dec 13, 2024$533.33 (under 6), $451.00 (6-17)
Ontario Trillium Benefit (OTB)Dec 10, 2024Varies (OEPTC: $1,248, NOEC: $280, OSTC: $360)

So if you are also eligible to receive the multiple payments in Canada then can check the status of your application by login on the MY CRA account . So if your bank account or application have any mistake or problem then you need to wait for too long to receive your payment. However you can file the complaint if you do not receive the CRA Benefit Payments within five working days after scheduled dates .

Fact Check about CRA Benefit Payments

Most deposits for government programs will vary based on individual circumstances, including income, work history, and eligibility. To avoid becoming a victim of misinformation, always verify claims through official government websites or consult a financial advisor. The article is based on news and data. It is advised not to use this article as professional advice for use. For accurate information, refer to the official website.

FAQ’s: CRA Benefit Payments 2024

Who is qualified for CRA Benefit Payments?

Qualifications vary by program. Be sure to file your tax return annually, as eligibility is often based on your income in the previous tax year.

What if I don’t have Direct Deposit set up?

If you don’t have direct deposit set up, your payments will be mailed as a check. However, it is faster and more secure to set up direct deposits.

Do I need to apply for these benefits every year?

Most CRA benefits, such as the GST/HST credit and the Canada Child Benefit, are assessed automatically based on your tax return. As long as you file your taxes on time and remain eligible, you’ll keep getting these payments.

How do I check my CRA benefit payment status?

You can check the status of your payment through your My CRA account online or by using the CRA Mobile App. Alternatively, you can contact CRA directly for assistance.

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  • Hamid

    Hamid is is writing since 2020. He is preparing for Banks exams and has keen interest in knowing Finance news and latest information.

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