Do you know what benefit payments the Canada Revenue Agency (CRA) is making in October 2024? If you want to know about this, then you are in the right place! In this article, we will give you information about the amounts, dates, and eligibility of CRA payments. Whether you are employed or applying for any benefits, this information can be very important for you. Let’s find out how you can take advantage of these benefits and check your CRA Benefit Payments on the right date!
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CRA Benefit Payments Overview
In October 2024, the CRA is set to release several important benefit payments aimed at assisting low- and middle-income families. As the cost of living continues to rise, these payments are crucial for providing financial relief.
Are Temporary Residents Eligible for CRA Benefits?
Yes, temporary residents—including international students and individuals on work permits—may be eligible for CRA benefits under certain conditions. If they reside in Canada and meet income requirements, they can receive benefits such as the Canada Child Benefit (CCB) and GST/HST credits.
Canada Revenue Agency Benefit Plans
Here’s a breakdown of the key benefit payments being released in October 2024:
1. Canada Child Benefit (CCB)
- Payment Date: October 18, 2024
- Maximum Amount: Up to $7,787/year per child under 6
- Eligibility: Canadian families with children under 18
2. GST/HST Credit
- Payment Date: October 4, 2024
- Maximum Amount: $519 for individuals, $680 for couples
- Eligibility: Low- and moderate-income households
3. Canada Workers Benefit (CWB)
- Payment Date: October 11, 2024
- Maximum Amount: $1,518 for individuals, $2,616 for families
- Eligibility: Low-income workers
4. Canada Carbon Rebate (CCR)
- Payment Date: October 15, 2024
- Maximum Amount: Varies by region
- Eligibility: Residents of provinces with carbon pricing
5. Ontario Trillium Benefit (OTB)
- Payment Date: October 10, 2024
- Maximum Amount: Up to $1,013/year
- Eligibility: Low- and moderate-income Ontario residents
$1,200 for Low-Income Seniors: Fact Check, Eligibility, and Payment Dates
$2,385 with the New CPP One-Time Payment for Seniors – Eligibility and Payment Dates Revealed
$174 Monthly for Senior Couples GAINS Program Offers in Ontario
$1,878.26 Your Monthly Income as a Single Senior Over 65 in Canada
Extra GST Payment 2024: When will it be paid & Who is Eligible?
October 2024 promises to be a busy month for CRA benefit payments. Whether you’re a resident or a temporary worker in Canada, it’s important to stay informed about these financial aids. By knowing the payment dates and eligibility criteria, you can ensure that you receive the support you need.