One time grocery rebate has been launched by the CRA and government of Canada. On the basis of 2021 tax return the rebate amount will be calculated by the CRA. The CRA will provide the rebate for the grocery bill from the GST and HST tax return file so that individuals can save some money. Under this grocery rebate CRA will return some amount of the rebate allowed for the grocery will send in the individual’s bank account.
Canada Grocery Rebate Bill 2024
The CRA and Federal government of Canada has launched a rebate named Canada Grocery Rebate in which a fixed amount will be provided by the CAR as rebate under their GST / HST tax return file. To be beneficiary, an individual needs to fulfill all the required Canada Grocery Rebate Eligibility 2024 decided by the CRA. The payment will be made by the CRA one time. The government has launched this programme for all those taxpayer individuals whose income is low or moderate. The government wants to provide them financial support by providing rebates on their grocery bill so that they can save some money and can improve their livelihood. The rebate will be given by the government only to the Canadian resident for the purpose of tax. The Canada Grocery Rebate Payment Amount 2024 can differ according to the number of children, marital status etc.
| Article Name | Canada Grocery Rebate Bill 2024 |
| Country | Canada |
| Year | 2024 |
| Provided by | CRA & Federal government of Canada |
| Type of rebate | Grocery rebate |
| Canada Grocery Rebate Payment Amount 2024 | Depend on various condition |
| Canada Grocery Rebate Payment Date 2024 | July 2024 |
| Category | Financial Aid |
| Official Website | canada.ca |
Canada Grocery Rebate Eligibility 2024
All the individuals who want to be the beneficiary of this Canada Grocery Rebate Bill 2024 needs to fulfil the required eligibility criteria.
- To be the beneficiary you must be a permanent resident of Canada for income tax purpose at the starting of the month when CRA makes the payment
- You must be 19 years or above in the month in which CRA makes a quarterly payment
- If you are below then 19 years you have to fulfill any one condition mentioned below:
- You have a spouse or common law partner
- You are a parent and live with your child
If at the starting of the month in which the CRA makes the quarterly payments You will be not eligible for the GST/ HST credit if any of the following apply:
- As per the income tax purpose you are not a canadian resident
- you are a servant or officer of another country or belongs to the family member or employee of such person due to which you did not paid the tax in canada
- for a duration of minimum 90 consecutive days You are confined to a prison or equal institution.
- The recipient has passed away.
Canada Grocery Rebate Payment Amount 2024
From January 2023 the grocery rebate amount was almost double of the GST / HST credit amount. According to your family situation in January and adjusted family net income in the year of 2024 the Canada Grocery Rebate Payment Amount 2024 will be calculated.
Maximum Payment:
- $234 (if no child)
- $387 (having 1 children)
- $467 (having 2 children)
- $548 (With 3 children)
- $628 (With 4 Children)
If You have Common Law Partner or Married
- $306 (if no child)
- $387 (having 1 children)
- $467 (having 2 children)
- $548 (With 3 children)
- $628 (With 4 Children)
If you received the GST / HST Credit Payment in July 2024 as a lump sum amount you will get the benefit of grocery rebate.
- If you are a single person $234 will be receive as rebate amount
- If you are married $306 will be receive as Canada Grocery Rebate Payment Amount 2024
- For each child who is under the age of 19 years the rebate amount will be $81
Canada Grocery Rebate Payment Date 2024
In the year of 2023 the rebate amount was paid by the CRA in July 2023 according to which it is anticipated that in 2024 the rebate amount will be paid by the CRA in July 2024.
FAQs on Canada Grocery Rebate Bill 2024
a single person will receive $234 by the CRA under Canada Grocery Rebate.
The Canada Grocery Rebate Bill payment 2024 is anticipated to be paid by the CRA in July, 2024.
Giorgio Smith, a Texan native, is a seasoned senior editor at tnpscexams.net. He has done Master of Business Administration in Finance. he boasts over 9 years of experience in finance. Giorgio expertise is in finance, insurance, and money-related content.