$1428 CWB Payment 2024 is a refundable tax credit. The Government will provide financial support to the Citizens with low income who pay their income tax return on time. To qualify for the payment, the citizen needs to meet the Canada Workers Benefit $1428 Eligibility 2024. The amount differs depending on the area you are residing and your income. The Canada Workers Benefit (CWB) would be paid in three instalments i.e. July, October, and January. This benefit would help lower income citizens support their families. The CWB contains 2 components i.e. basic income and a disability supplement.
You can check the eligibility and $1428 CWB 1st Quarter Payment Date 2024 in this article.
$1428 Canada Workers Benefit Payment 2024
Canadian Citizens soon going to get $1428 CWB 1st Quarter Payment 2024 in July 2024. To receive this payment, the low income beneficiary has to meet some eligibility requirements such as their net income should be below a certain threshold, age criteria, residency status, and more. The key goal behind this payment is to help the citizens who are working hard but unable to make enough money for their survival. To give them financial relief the Canadian Government would give Canada Workers Benefit $1428 Payment 2024 to single tax filers while a family can receive up to $2461 amount.
Citizens must file their taxes regularly to claim the benefit also, they have to apply for CWB Benefit at the time of filing tax return only. The $1428 CWB Payment 2024 will be distributed in three instalments i.e. on 12th July 2024, 12th October 2024, and the last one on 12th January 2025. Interested citizens can visit the official site of CRA @canada.ca to connect with them regarding the $1428 Canada Workers Benefit Program 2024.
Canada Workers Benefit $1428 Payment 2024- Overview
| Title of the Article | $1428 Canada Workers Benefit Payment 2024 |
| Beneficiaries | Canadian Residents |
| Year | 2024 |
| Department Name | Canada Revenue Agency (CRA) |
| Country | Canada |
| Number of Instalments | 3 |
| Payment Dates | July 12, 2024, October 12, 2024 and January 12, 2025 |
| Benefit Amount | CAD 1428 (single individuals) & CAD 2461 (families) |
| Category | Financial Aid |
| Official Website | canada.ca |
CAD 1428 Canada Workers Benefit Payment 2024- Eligibility Criteria
Canadian Citizens who qualify for CAD 1428 Canada Workers Benefit Eligibility 2024 can get the payment in this upcoming July quarter payment. Canada Revenue Agency (CRA) would give this payment to only eligible Canadian citizens so make sure you fulfil the eligibility requirements before applying:
- The Net Income should be below a certain threshold as defined by the authority of your province or territory of residence.
- The Individual must be a Canadian inhabitant.
- Also, the recipient must be a of minimum 19 years old as of Dec 31 of the year you are filing for CWB.
- If last year you spent at least 90 days in prison or a similar institution, then you won’t be eligible for the CWB Payment 2024.
- You must have filed your income tax for the last financial year i.e. 2023 and must clear all the previous pending tax payments.
Canada.ca $1428 Payment 2024 Amount
As per the reports, Canadian citizens will get the Canada.ca $1428 Payment 2024 Amount in three instalments. The payment varies depending on numerous factors such as residency status, marital status, net income, etc. The highest an individual can receive is $1428 and the family can get a maximum of $2461 as a base amount for the 2024 tax year. Also, the government provides an additional disability supplement to the individual and family if they meet the $1428 Disability Supplement Eligibility Criteria 2024.
For say, if the individual’s net income is more than $37932 then he/she won’t be getting any Disability Supplement Amount. The Income should be below $33018 to get the full amount of $737. In the case of a household, no amount is paid if the net pay is more than $53037 and both partners are entitled to the benefit. If one of the spouse’s net pays is more than CAD 48124 & is eligible for the disability benefit, then they won’t get the $737 Disability Supplement Payment 2024. Also, to get the full payment of $737 the net income should be below $43210. They would get the $1428 Canada Workers Benefit Payment 2024 in their bank accounts.
$1428 CWB 1st Quarter Payment Date 2024
The Canadian citizen can expect the $1428 CWB 1st Quarter Payment 2024 on the 12th of July 2024. Individuals who fulfil the eligibility requirements will get the payment from Canada Revenue Agency (CRA). As per the reports, the individuals will get the $1428 CWB Payments in 2024 in 3 quarters. You can check the table below to know the dates for the CWB payments:
| Quarters | $1428 CWB Payment Dates 2024 |
| 1 | July 12th 2024 |
| 2 | October 12th 2024 |
| 3 | January 12th 2024 |
The CWB $1428 Payments 2024 would be deposited in the individual and family’s bank account on the said date. However, waiting for at least 10 more working days for the payment is advised. Still, if you don’t get the payment then contact CRA on their authorized portal @Canada.ca.
FAQs For $1428 CWB 1st Quarter Payment 2024
The eligible individual would get their $1428 CWB 1st Quarter Payment 2024 on 12 July 2024.
You can check the CWB $1428 Application Status 2024 from the Canadian Government’s official site @canada.ca. Sign into your account and you can check your application status there.
The lower income individuals who are paying taxes on time can avail of $1428 CWB 2024. Check the article to know more.