The Canada Revenue Agency (CRA) will give out the country’s 5 main benefits in October 2024 to support the individuals financially. Some of these payments are made monthly and some quarterly. You must be aware of their requirements to ensure smooth and effective payment transactions. The authority will release the payments on the said date to the beneficiaries through direct deposit or cheque, whichever you have chosen.
All must know that if the scheduled date falls on any federal holiday or weekend, you will the payment on the previous working day. If you still did not get it contact the authority regarding your issues. Read the article to get more info on the 5 upcoming CRA Benefits Payments in October 2024.
5 Upcoming CRA Benefit Payments in October 2024
The CRA provides various benefits all over the nation to eligible individuals. It includes benefits such as the Advanced Canada Workers Benefit, Canada Child Benefit, GST/HST Payment, Canada Carbon Rebate, and Ontario Trillium Benefit. The next payment for all these five benefits is scheduled for next month. These are designed to help the beneficiary and their families, mainly with low to moderate incomes.
If you are already a recipient of these benefits or new to them or planning to get them, it’s essential to stay updated on their eligibility, payment dates, and many other such necessary info. If the authority makes any changes, they will update you on their official portal i.e. canada.ca.
CRA Benefit Payments 2024- Overview
Below is an overview of the CRA benefit payments for 2024:
| Article On | 5 Upcoming CRA Benefit Payments in October 2024 |
| Benefits Name | Canada Child Benefit, HST/GST Payment, Advanced Canada Workers Benefit, Canada Carbon Rebate, and Ontario Trillium Benefit |
| Department | Canada Revenue Agency (CRA) |
| Country | Canada |
| Year | 2024 |
| Beneficiaries | Recipients of CCB, ACWB, CCR, OTB, and GST/HST |
| Payment Dates | Check below |
| Category | Government Aid |
| Official Website | canada.ca |
Canada Revenue Agency Benefits 2024
The authority provides various benefits all over the nation. You can check some of these below:
Canada Child Benefit
It is a tax free payment provided each month to the qualifying families. It supports them with the children raising cost aged below eighteen years. The CRA calculates the beneficiary payment amount based on their AFNI. It is to be noted that the amount is recalculated annually in July.
Eligibility:
The individual applying for the CCB must be a resident of Canada. They are mainly liable for the upkeep of the child, aged below 18 years. Taxes have to be filed by them of last year.
Goods and Services Tax/Harmonized Sales Tax
The GST/HST Payment is given each quarter to low pay income families. It is a tax free payment. It helps them offset the GST/HST that they pay. There is no need to apply for this benefit as the authority considers the eligibility based on the tax report. If you fulfil the criteria you’ll be automatically enrolled in it.
Eligibility:
The beneficiary aged 19 years has to be a legal citizen of Canada. Also, they must have filed their taxes for last year.
Advanced Canada Workers Benefit
It is a reimbursable credit. It is given to the employed beneficiary with low income. It has 2 parts i.e. a basic amount & a disability supplement. At the time of tax filing, it can be claimed. It aims to give out additional financial support and encourage employment all over the nation, making it easier to handle the expenditure.
Eligibility:
The beneficiary aged 19 years or above, residing in Canada is entitled to the benefit. Apart from that their net income should be below a certain income threshold.
Ontario Trillium Benefit
It provides fiscal support to the residents of Ontario. This contains 3 credits: The Ontario Sales Tax Credit, the Northern Ontario Energy Credit, and the Ontario Energy and Property Tax Credit. Usually, the payment comes on the 10 of every month. The authority will enroll you for this benefit based on your tax report.
Eligibility:
The beneficiary must be a resident of Ontario and should have filed a tax return for the last year. Out of above mentioned three credits they must qualify for at least one.
Canada Carbon Rebate
CCR was earlier called the Climate Action Incentive Payment. The aim behind this benefit is to support the individuals in offsetting the costs related to federal pollution pricing. It ensures the individual doesn’t get affected by the environmental policies.
Eligibility:
The beneficiaries residing in Ontario, Manitoba, Alberta, New Brunswick, Nova Scotia, Saskatchewan, Prince Edward Island, Newfoundland, and Labrador, are entitled to this benefit. as these benefits apply to federal pollution pricing.
CRA Benefits Payment Dates 2024
The Canada Revenue Agency gives out Canada Child Benefit, HST/GST Payment, ACWB, Canada Carbon Rebate, and Ontario Trillium Benefit on different dates. Some benefits are given every quarter while some are every month. Below you can check the complete CRA Benefits Payment Dates 2024:
Canada Child Benefit
| Months | Canada Child Benefit Payment Date 2024 |
| January 2024 | 19th |
| February 2024 | 20th |
| March 2024 | 20th |
| April 2024 | 19th |
| May 2024 | 17th |
| June 2024 | 20th |
| July 2024 | 19th |
| August 2024 | 20th |
| September 2024 | 20th |
| October 2024 | 18th |
| November 2024 | 20th |
| December 2024 | 13th |
Goods and Services Tax/Harmonized Sales Tax
| Quarters | GST/HST Payment Dates 2024 |
| 1 | 5th January 2024 |
| 2 | 5th April 2024 |
| 3 | 5th July 2024 |
| 4 | 4th October 2024 |
Advanced Canada Workers Benefit
| Quarters | Advanced Canada Workers Benefit Payment Dates 2024 |
| 1 Quarter | 12th January 2024 |
| 2 Quarter | 12th July 2024 |
| 3 Quarter | 11th October 2024 |
Ontario Trillium Benefit
| Months | Ontario Trillium Benefit Payment Date 2024 |
| January 2024 | 10th |
| February 2024 | 9th |
| March 2024 | 8th |
| April 2024 | 10th |
| May 2024 | 10th |
| June 2024 | 10th |
| July 2024 | 10th |
| August 2024 | 9th |
| September 2024 | 10th |
| October 2024 | 10th |
| November 2024 | 8th |
| December 2024 | 10th |
Canada Carbon Rebate
| Quarters | Canada Carbon Rebate Payment Dates 2024 |
| 1 | 15th January 2024 |
| 2 | 15th April 2024 |
| 3 | 15th July 2024 |
| 4 | 15th October 2024 |
| Homepage | Click Here |
5 Upcoming CRA Benefit Payments FAQs
The CRA authority will distribute the next OTB payment on the 10th of October 2024.
The individual aged 19 years has to be a legal resident of Canada. Also, they must have filed their last taxes.
No, the CRA will give out CCB, ACWB, CCR, OTB, and GST/HST payments on the scheduled date. The Canada Carbon Rebate, ACWB, and GST/HST are to be paid every quarter. At the same time, the CCB and OTB are to be paid monthly. You can check their upcoming October 2024 payment dates in this article.
