BC Recovery Benefit ($1000 for families, $500 for individuals, tax-free)
Didn't see this posted here yet.
https://www2.gov.bc.ca/gov/content/econ ... ry-benefit
"The BC Recovery Benefit is a one-time, tax-free payment of up to $1,000 for eligible families and single parents and up to $500 for eligible individuals."
Summary by u/AugustusAugustine on PFC reddit:
https://www2.gov.bc.ca/gov/content/econ ... ry-benefit
"The BC Recovery Benefit is a one-time, tax-free payment of up to $1,000 for eligible families and single parents and up to $500 for eligible individuals."
Summary by u/AugustusAugustine on PFC reddit:
One-time, TAX-FREE payment for eligible families / single parents and individuals
$1000 for families earning up to $125k, reduced benefit for families up to $175k
$500 for individuals earning up to $62.5k, reduced benefit for individuals up to $87.5k
Eligibility based on NET INCOME (Line 23600) from your 2019 tax return
Applications open DECEMBER 18, 2020
You'll need your Line 23600, SIN, BC driver's license [or BC Services Card], and direct deposit information to apply.
If you're eligible and but don't need the money, there are always charities that can use your support.