Me and my Kamloops
Mayors join finance minister to discuss, share feedback on landmark tax

B.C. families get additional $450 with boosted climate action tax credit

Starting this week, more than 80% of families and individuals in British Columbia will automatically receive an enhanced climate action tax credit.

“Many British Columbians are still worried about how they can cover costs such as transportation so they can return to work, pay for groceries and find day camps for their children,” said Carole James, Minister of Finance. “The enhanced climate action tax credit puts extra money in the pockets of British Columbians for their household expenses and to spend at local businesses. This is a needed boost as we work together to restart the economy.”

Eligible individuals will receive up to $218, children will receive up to $64 in a one-time increase and a family of four will receive up to $564. That is a $174.50 boost for individuals, a $51.25 increase for children and a lift of $451.50 for a family of four – double the annual amount eligible households would have received prior to B.C.’s COVID-19 Action Plan.

Prior to B.C.’s COVID-19 Action Plan, the scheduled July payment was up to $43.50 per adult and up to $12.75 per child. An eligible family of four was set to receive up to $112.50.

The enhanced credit is part of B.C.’s COVID-19 Action Plan that is helping make sure people and businesses have the support they need while B.C. works through its restart plan. The plan includes the B.C. Emergency Benefit for Workers that was recently expanded to include workers whose jobs were affected by COVID-19 between March 1 and March 15.

British Columbians will receive the climate action tax credit along with their federal GST/HST returns. Those who are eligible for the enhanced benefit will automatically receive it if they have completed their B.C. 2019 income tax return.

CleanBC is the province’s pathway to a more prosperous, balanced and sustainable future. It was developed in collaboration with the BC Green Party caucus, and supports the commitment to the Confidence and Supply Agreement to implement climate action to meet B.C.’s emission targets. 

Learn More:

To learn more about the supports and services available for people, businesses and communities through the pandemic, visit: http://gov.bc.ca/covid19

For additional information about the one-time increase to the climate action tax credit, visit: https://gov.bc.ca/gov/content/taxes/income-taxes/personal/credits/climate-action

For the latest medical updates, including case counts, prevention, risks and testing, visit: http://bccdc.ca/
Or follow the BCCDC on Twitter: @CDCofBC.

For the provincial health officer’s orders, notices and guidance, visit: http://gov.bc.ca/phoguidance

For non-health related information, including financial, child care and education supports, travel, transportation and essential service information, call (toll-free) 1 888 COVID19 (1 888 268-4319) between 7:30 a.m. and 8 p.m. (Pacific time), seven days a week, or visit: http://gov.bc.ca/Covid19

For more information about the Province’s CleanBC plan, visit: https://cleanbc.gov.bc.ca

View the full article from the original source

No conversations yet
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on email
Email

Activity Stream

Tue, Sep 22, 2020 at 9:00 am - Doug Smith posted on their blog: Frosty Mountain – Kamloops Trails
Sat, Sep 19, 2020 at 9:00 am - Doug Smith posted on their blog: Frosty Panoramas – Kamloops Trails
Wed, Sep 16, 2020 at 9:00 am - Doug Smith posted on their blog: On Jacko Lake in the Summer
Tue, Sep 15, 2020 at 4:39 pm - David Suzuki posted on their blog: Carbon pricing is like handwashing in a pandemic
Sun, Sep 13, 2020 at 9:02 am - Doug Smith posted on their blog: On Greenstone Mountain – Kamloops Trails
Thu, Sep 10, 2020 at 9:01 am - Doug Smith posted on their blog: To the Trophy Mountains Rim
Tue, Sep 8, 2020 at 3:31 pm - Bria Weaver created a new Profile
Tue, Sep 8, 2020 at 1:19 pm - David Suzuki posted on their blog: Our children shouldn’t have to pay for our excesses
Mon, Sep 7, 2020 at 9:00 am - Doug Smith posted on their blog: The Route to Castle Butte in Summer
Fri, Sep 4, 2020 at 9:13 am - Doug Smith posted on their blog: Azure Lake and Clearwater Lake
Tue, Sep 1, 2020 at 3:49 pm - David Suzuki posted on their blog: Old oil and gas wells find new life with renewable energy
Tue, Sep 1, 2020 at 8:54 am - Doug Smith posted on their blog: High Country Paddle and Hike
Sun, Aug 30, 2020 at 3:19 pm - Kevin Diamond created a new Profile
Sat, Aug 29, 2020 at 9:00 am - Doug Smith posted on their blog: One Day on Azure Lake
Wed, Aug 26, 2020 at 9:08 am - David Suzuki posted on their blog: We are living in a plastic world
Full Stream