British Columbians will soon be able to apply for the BC Recovery Benefit. This one-time, tax-free payment of up to $1,000 for families & single parents, & up to $500 for individuals, will help support British Columbians who are dealing with the pressures of #Covid19. #CovidBCpic.twitter.com/6lUzhsAecV
Individuals $500 for eligible individuals with a net income of up to $62,500 Reduced benefit amount for eligible individuals with a net income of up to $87,500
Families and single parents $1,000 for eligible families and single parents with a net income of up to $125,000 Reduced benefit amount for eligible families and single parents with a net income of up to $175,000 The benefit defines a family as an individual and their spouse or common-law partner, unless they are separated. Both people must be residents of B.C. The benefit defines a single parent as an individual who is the principal caregiver to at least one child.
Residing in British Columbia on December 18, 2020 Who are at least 19 years old on December 18, 2020, or meet specific eligibility criteria Who filed a 2019 Canadian personal income tax return, or meet specific eligibility criteria Who have a valid social insurance number, individual tax number or temporary tax number
To apply you will need your: ✅ Social insurance number ✅ 2019 income tax notice of assessment from the CRA ✅ If applicable, spouse’s 2019 income tax notice of assessment from the CRA ✅ Direct deposit information
