Carbon Tax Rebate July 2024 Payment Date – When CTR Is Coming & Eligibility

A Carbon tax is a kind that tax inspires Canada’s citizens to reduce their consumption of pollution fuels. Canada Revenue Agency provides a sufficient amount to eligible Canadian citizens who meet the CTR Eligibility Requirements. The payment Amount will be established on the individual’s revenue and family condition. CRA applies a carbon tax rebate for each province in Canada. CTR is especially known as the price of carbon. It was first applied in October 2019 with a $20 per tonne price index. In this article, you can get a portion of the whole info regarding the Carbon Tax Rebate 2024.

Carbon Tax Rebate

Carbon Tax Rebate July 2024

Citizens who will meet the necessities will receive their payment amount in the following months April, July, October, and January. CRA will provide a CTR July 2024 Payment Date on the 15th. Usually, CRA makes this payment on the 15th of the subsequent month. You can see the separate section below which tells you each information regarding the payment dates.

CTR Payment Amount 2024 would be different for each province. CRA will determine your Eligibility and family situation, and if you meet the criteria then enrol you for assistance. In the below sections, you can see the eligibility criteria, payment dates, and payment amounts for each province. So, if you are a person who wants to collect the benefit Amount, read this article sensibly.

Carbon Tax Rebate 2024 Canada – Overview

Article TitleCarbon Tax Rebate July 2024 Payment Cheque Date – When is it Coming?
DepartmentCanada Revenue Agency
CountryCanada
Current Carbon tax rebate$65 per tonne
Payment Date15 July
CategoryFinancial Aid
Official WebsiteCanada.ca

Canada CTR Eligibility Criteria      

Citizens who wish to receive the Carbon Tax rebate must meet the CTR 2024 Payment Eligibility. Once you meet the all requirements, CRA will consider you as a qualified citizen of the assistance. You can check the below-mentioned Requirements to determine your eligibility.

  • You need to be a permanent occupant of Canada.
  • You must be 19 years old, to receive the CTR.
  • You must have (or had) a significant other or common-lawful partner.
  • Previously or currently, you must live with your dependent child or parents.
  • You must be a taxpayer in Canada.
  • If you are under 19, you need to satisfy some conditions set by the CRA.  

Citizens are obligated to meet the mentioned necessities to be qualified for it. It is necessary to check the suitability criteria formerly smearing for a particular benefit. Canada Revenue Agency determines the eligibility and then enrols you for the CTR Benefit Payment 2024. Eligibility criteria were set by the CRA.

Taxpayers who will meet the principles can continue with the claim procedure. Interested citizens are required to submit some documents for the verification process such as birth certificate, Income tax return, and proof of source of earning. for more queries, you can visit the authorized portal of CRA at i.e. Canada.ca.

CTR July 2024 Payment Cheque Date

Those citizens who meet the eligibility criteria have concerns regarding their upcoming Carbon Tax Rebate Payment Dates 2024. Here is the complete information regarding the CTR July 2024 Payment Cheque Date. Eligible candidates will receive their CTR July payment on the 15th. CRA makes CTR payments on the 15th of the subsequent months. You can also check the complete Cardon Tax Rebate Payment Date in the table below.

CTR Payment MonthCTR Payment Date
April15th
July15th
October15th
January15th

If the particular date falls on Saturday, Sunday, or any holiday then your payment will be credited to next Monday. If you do not receive your CTR Payment on Scheduled Date, CRA suggests you wait for the next 10 business days and if still you do not receive the payment then contact the Canada Revenue Agency and determine the reason behind the delay. You can interact with the department with the help of My Account. Having My Account is required to submit any objection or check the status of your payment.

Or else you can also contact the CRA for benefit debt at 1-888-863-8662, and for tax return debt at 1-888-863-8657 and can also send emails to CRA for further CTR 2024 Updates.

CTR Payment Amount 2024

The Carbon Tax Rebate Payment Amount is based on your family’s situation. CRA will determine your dependent family members, and then assist you with the benefit amount. you can check the table below to see CAIP (Climate Action Incentive Payment) for the base year 2024.

ProvinceSinglesMarried CouplePer child under the age of 19Parent family with a first and single child
Alberta$772$386$193$386
Saskatchewan$680$340$170$340
Ontario$488$244$122$244
Nova Scotia$124$62$31$62
Manitoba$528$264$132$264
New Brunswick$92$46$23$46
Prince Edward Island$120$60$30$60
Newfoundland and Labrador$164$60$30$60

For New Brunswick, the payment for October month is double for July to September and October to December 2023. Qualified citizens can expect their payment amount according to their family situation. CRA has decided the payment amount for qualified citizens according to their income tax return and family Situations. Through the CTR Amount 2024 recipients will be able to manage their fuel expenses. Qualified citizens can expect their issued payment amount by the mentioned payment date by the Canada Revenue Agency. you can also check the official portal to collect more information regarding the carbon tax rebate.

Leave a Comment