The Canadian government offers help to people facing higher living costs by providing credits and rebate payments. Many Canadians eagerly await these CRA payments.
If you’re curious about the upcoming CRA payment dates in April 2024, you’re in the right place.
Most CRA payments or benefits are open to all Canadian taxpayers, including those with work permits and international students. Here are the four upcoming CRA payments or benefits for eligible Canadians.
New Upcoming CRA Payment Dates:
HST/GST Payment
Next Payment Date: April 5, 2024.
The New HST/GST payment will be sent to eligible Canadian taxpayers on April 5, 2024. This tax-free quarterly payment is meant to ease the financial burden for individuals and families with low to moderate incomes.
The next payment, expected on April 5, 2024, could be up to:
- $496 for single individuals
- $650 for married couples or common-law partners
- $171 for each child under 19
No application is needed; the CRA payment or credit is automatically applied when you file your taxes based on your 2023 tax return.
Click here to learn more about GST Payments 2024
Canada Child Benefit (CCB)
Next Payment Date: April 19, 2024.
Eligible Canadian families can expect Canada Child Benefit or CCB payments on April 20, 2024. CCB payments are made every month, usually before the 20th of each month.
The Canada Child Benefit (CCB) is a tax-free monthly stipend to assist with child-rearing expenses.
Temporary residents must have lived in Canada for 18 consecutive months with a valid permit in the 19th month before applying. Your income in 2022 and your children’s ages determine the amount received.
Learn more about CCB eligibility and the application process by clicking here.
Canada Carbon Rebate, previously known as the Climate Action Incentive Payment (CAIP)
The Canada Carbon Rebate (previously known as CAIP) is a tax-free payment from the government to help individuals and families manage the expenses of federal carbon pricing.
If you live in these provinces with the federal fuel levy—Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland and Labrador—A family of four will get up to $1,800 through the Canada Carbon Rebate in 2024-25.
Starting in April 2024, people in these provinces will receive the first of four payments every three months. The Canada Carbon Rebate is given in four payments: April, July, October, and January.
Here’s how much a family of four can get in each province:
- Alberta: $1,800 ($450 each quarter)
- Manitoba: $1,200 ($300 each quarter)
- Ontario: $1,120 ($280 each quarter)
- Saskatchewan: $1,504 ($376 each quarter)
- New Brunswick: $760 ($190 each quarter)
- Nova Scotia: $824 ($206 each quarter)
- Prince Edward Island: $880 ($220 each quarter)
- Newfoundland and Labrador: $1,192 ($298 each quarter)
So, depending on where you live, families can receive different amounts as part of the Canada Carbon Tax Rebate 2024.
Starting in 2024–25, rural Canadians will receive a 20% increase in the Canada Carbon Rebate to recognize their higher energy use and limited access to cleaner transportation.
Advanced Canada Workers Benefit (ACWB)
Next Payment Date: July 12, 2024.
The next ACWB payment is expected on July 12, 2024. The CWB is a refundable tax benefit for low-income individuals and families.
To qualify for the basic CWB amount, you must:
- Be 19 or older on December 31 or live with a spouse, common-law partner, or child.
- Be a Canadian resident throughout the year, working while earning less than the net income amount for your province or territory.
Single Canadians may receive up to $1,428 in four quarterly payments, and families may get up to $2,461 in additional disability benefits based on their annual income. The application process is part of your yearly tax return.
Click here to learn more about CWB.
The Canadian government offers various avenues of financial assistance, from tax credits like GST/HST Credit to child-raising support through the Canada Child Benefit, aid for low-income workers with the Canada Workers Benefit, Canada Dental Benefit, and help with environmental costs via the Canada Carbon Rebate.
By exploring and using these options, Canadians can receive crucial assistance in improving their financial situation and overall well-being.
When will I get my CRA payments in 2024?
- GST/HST Credit: April 5, 2204
- Canada Child Benefit: April 19, 2024
- Advanced Canada Workers Benefit (ACWB): July 12, 2024
- Canada Carbon Rebate, previously known as the Climate Action Incentive Payment (CAIP): April 15, 2024
Keep in mind that these dates might change, so it’s wise to check with the Canada Revenue Agency (CRA) for updates.
