The Canada Carbon Tax Rebate formerly known as the Climate Action Incentive Payment is offered by the Canada Revenue Agency. Individuals and families of Canada who have borne the cost of the federal pollution pricing even with less income will get the benefits. It is a tax-free benefit which will offset the same amount and help those beneficiaries.
Climate Action Incentive Payment includes a basic amount and a supplement for residents of small and rural communities. The payments are released quarterly in a year. Readers who want to know details regarding the Canada Carbon Tax Rebate in September 2024 will get it here. Scroll down the following article and get information regarding the eligibility, payment amount, dates and more.
Canada Carbon Tax Rebate in September
The CAD Carbon Rebate includes the basic amount and rural supplement which is available for residents of Alberta, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Prince Edward Island and Saskatchewan.
Between 2018 and 2020, Canada’s Carbon Tax Rebate was known as the Climate Action Incentive which was a refundable tax credit offered annually on personal income tax returns. Only individuals ensuring eligibility will get the benefits of the Canada Carbon Tax Rebate. More information is available below.
Eligibility Criteria to Get the Canada Climate Action Incentive Payment
The following section includes information regarding the eligibility criteria which is important to fulfill to become a part of the Canada Carbon Rebate program. Below are the eligibility conditions explained in detail for the Canada Carbon Tax Rebate:
- Individuals must be residing in Canada in the month before the payment of the CCR.
- Applicants must be residents of any one of the following applicable CCR provinces on the first day of the payment month:
Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia, and Prince Edward Island. - Individuals must not be younger than 19 years old in the month before the CRA makes the payment. Or,
- Applicants who are younger than 19 years old must meet at least one of the following conditions:
- They have or had a spouse or common-law partner.
- They are or were a parent, and live(d) with the child.
- Individuals who have children:
- The child must be less than 19 years old.
- The child must live with the beneficiaries.
- Applicants are primarily responsible for caring and upbringing of the child
- The child must be registered for the CCR (or already registered for the CCB or GST/HST credit).
OAS and CPP September 2024 Payment Date
Changes in the Canada Carbon Tax Rebate Program
The government of Canada has decided to increase the rural supplement of Canada’s Carbon rebate from 10 to 20% of the Base Amount on 22nd June 2024. The officials have also reverted the eligibility to using the Census data of the 2016 tax year.
As a result, all the candidates who were called ineligible under the Census date of 2021 will be able to receive the rural supplement once again. The government will issue the increased amount of supplement and retroactive payment from April and July together in the payment of October 2024.
CAD Carbon Rebate Payment Date
The first thing which must be known by individuals is that the Canada Revenue Agency only issues the payments quarterly i.e., four times a year. The payments are made following the official schedule available on the Government of Canada’s official website. Please note that the no payment for the Canada Carbon Rebate will be made in September 2024.
According to the official schedule, the authority will issue the next payment in October and the exact date is 15th October 2024. Readers are also informed that this will be the last payment of the Canada Carbon Rebate for the 2024 tax year. The schedule for the upcoming year will soon be updated on the same page.
September $2100 OAS Direct Payment Coming For Canadian in 2024
CPP $2385 Additional One-Time Payment for Seniors in September 2024
Frequently Asked Questions
How to apply for the Canada Carbon Tax Rebate in September 2024?
There is no separate application form available submitting which applicants can apply for the program. While filing the income tax, individuals will have to select the respective link of the CCR and the payment will be offered to eligible.
What if I forgot to claim the CCR on income tax?
Individuals who forgot to claim the Canada Carbon Tax Rebate in the income tax can tick the box on the 2nd page on a copy of their income tax and benefit return and mail it to their tax centre or contact the officials at 1-800-387-1193 to apply.
How will beneficiaries receive the CAD Carbon Rebate Payment?
The beneficiaries will receive the payment based on the choice made while fining the income tax. So, the beneficiaries will either get the payment via cheque or direct transfer.
