The Grocery Rebate is a one-time payment and it supports low and middle-income families with additional financial assistance. The rising inflation and the cost of living make consumption products expensive and grocery products are affected. So to enable Canadians to afford groceries, the Canada Revenue Agency is offering Canada Grocery Rebate in October 2024. Read this page to Check whether the Grocery Rebate is coming or not and how to apply for the Canada Grocery Rebate. Many Rumours are also making rounds for Canada Grocery Rebate Payment Dates October 2024 for Canadian citizens.
Canada Grocery Rebate Payment October 2024
Canadian couples and families who made use of GST/HST Credit in January 2024 will be able to have access to the grocery rebate. It is a one-time payment and the children of eligible couples and singles will also be provided financial coverage under the grocery rebate plan. To enable residents to afford basics, the Federal Government offers various types of benefits on a monthly, quarterly, or annual basis. Families can receive grocery coverage for up to 4 children and a family of 6 will have the highest amount of rebate. The CRA will evaluate the base income for 2023 to allow the rebates for 2024.
Earlier, the grocery rebate was announced in July 2023 and it was a one-time payment then in the last year. Based on the previous year’s data and trends, residents of the country are expecting the Canada Grocery Rebate again in 2024. But as of now, the CRA has not confirmed the reports whether the one-time benefit is coming or not. If you are single, you can make claims for yourself but if married one of you will receive the payment. the one who applied earlier will have the payments. Though CRA has not confirmed the reports yet, individuals can expect the payment by the end of October 2024.
Canada Grocery Rebate Payment October 2024 Overview
|
Title |
Canada Grocery Rebate Payment 2024 |
|
Country Origin |
Canada |
|
Administrative Authority |
CRA |
|
Category |
Canada Grocery Rebate |
|
Expected Payment Dates |
October 2024 |
|
Maximum Benefit Amount |
$628 |
|
Official Website |
www.canada.ca |
Canada Grocery Rebate Payment October 2024 Eligibility
If an individual received GST/HST Credit in January 2024, he or she will also be receiving the payment, refer to the following points to know the eligibility criteria:
- Minimum age 19 years old
- Have been a tax-purpose resident of Canada
- Holds a social insurance number
- Have filed tax returns for the base year 2023 before the 30th of April 2024
- All taxes are cleared and there is no due to the federal government
- Legal resident of the country and holds a housing property as well
Make sure you are not the following
- Have been to prison for more than 90 days in a row for criminal activity
- Non-tax purpose resident of the country
- Cannot make claims for a deceased person
- If You are a diplomat and working for another country while staying in Canada, then you cannot make use of the Grocery Rebate in 2024
- Have not filed previous year income tax returns whether income is taxable or not
Canada Grocery Rebate October 2024 Payment Amount
The Canada Grocery Rebate is accessible to those who have reached the age of 19 and have filed the previous year’s tax returns whether income is taxable or not. If a senior citizen has reached the age of 67 and does not file taxes, then he or she will not be considered for the grocery rebate payments in 2024. The maximum rebate is $628 which a family of six can make use of the payments. Up to 4 number of children’s families can receive the payments. Still, the couples have more children, and there is no specific information on whether they will have the grocery rebates for other than 4 children or not.
|
Number of Children |
Single |
Married or have Common-law Partner |
|
No Children |
$234 |
$306 |
|
1 Child |
$387 |
$387 |
|
2 Children |
$467 |
$467 |
|
3 Children |
$548 |
$548 |
|
4 Children |
$628 |
$628 |
Canada Grocery Rebate October 2024 Payment Dates
Last time, beneficiaries received the payment in July 2023 for the base year 2021 while this time the payment is most probably coming by the end of October 2024. Till Now the CRA has not released any official notice regarding the grocery rebate payment in 2024. Therefore, the residents can expect the payment by the end of this month. Stay updated regarding the CRA Grocery Rebate October 2024 so that you do not miss out on the benefits coming for families and single individuals as well.
Canada Grocery Rebate October 2024 Coming? Reality Check
The rumors are making rounds on various online news channels and portals and to reference that, the CRA has received multiple confirmation emails regarding the grocery rebate. To the queries of the general public, the CRA published a referendum saying that as of now, it is not going to deliver the grocery rebate payment to Canadian Taxpayers. As soon as the CRA announces the Canada Grocery Rebate Payment, the benefit amount will directly be transferred into the beneficiaries’ accounts. So keep the bank accounts linked with the tax files to avoid any delay. Applicants can visit the official CRA website for further updates regarding the Canada Grocery Rebate Payment Dates October 2024.
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Raul joined SD News team in 2021, bringing his experience as a editor-cum writer on global financial & trending topics. From a young age, Raul developed a keen interest in Finance, which propelled his to pursue an undergraduate degree in global and international studies. Raul skillfully combines his knowledge of political economy and finance to empower readers with crucial insights.