The Canada Revenue Agency (CRA) plays a crucial role in ensuring that eligible individuals and families receive their financial benefits on time.
These benefits, including the Canada Child Benefit (CCB), GST/HST Credit, Ontario Trillium Benefit (OTB), and other crucial support, help millions of Canadians cover essential expenses.
Knowing the CRA payment dates in 2024 will allow beneficiaries to better manage their finances and avoid any confusion or delays.
This article provides you with the official CRA payment dates for December 2024, key details about various benefits, and how to check your payment status. Stay informed to ensure you don’t miss out on important financial support.
CRA Benefits Payment Schedule 2024
The CRA has released the official payment schedule for the various federal benefits in 2024. It’s crucial to be aware of these dates so you can manage your budget effectively and ensure timely receipt of payments. Here are the official payment dates for December 2024:
| Benefit | Payment Date (December 2024) |
|---|---|
| Canada Child Benefit (CCB) | 13 December 2024 |
| GST/HST Credit | No payment in December |
| Ontario Trillium Benefit (OTB) | 10 December 2024 |
| Canada Carbon Rebate | No payment in December |
| Advanced Canada Workers Benefit (ACWB) | No payment in December |
| Alberta Child and Family Benefit (ACFB) | No payment in December |
Key Federal Benefits Overview
Canada Child Benefit (CCB)
The Canada Child Benefit (CCB) is a tax-free monthly payment for eligible families with children under 18. The CCB aims to reduce financial strain for families, providing crucial assistance for child-rearing costs. The amount you receive depends on your family income, the number of children, and their ages.
In December 2024, the CCB payment date will be 13 December 2024.
GST/HST Credit
The GST/HST Credit helps offset the cost of the Goods and Services Tax (GST) or Harmonized Sales Tax (HST) for low-income individuals and families. This credit is typically paid quarterly, and the December payment will be not applicable.
Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit (OTB) is a combination of three credits designed to assist individuals with property and energy costs in Ontario. It includes:
- Ontario Sales Tax Credit (OSTC)
- Ontario Energy and Property Tax Credit (OEPTC)
- Northern Ontario Energy Credit (NOEC)
For December 2024, the OTB payment is scheduled for 10 December 2024.
Canada Carbon Rebate
The Canada Carbon Rebate offsets the financial impact of carbon taxes on Canadian households. This quarterly payment helps mitigate the cost of carbon pricing. There will be no payment for December 2024.
Advanced Canada Workers Benefit (ACWB)
The ACWB provides financial support to low-income workers, supplementing their income and reducing poverty. The December 2024 payment for the ACWB will be not applicable.
Alberta Child and Family Benefit (ACFB)
The ACFB is a quarterly payment for families with children in Alberta. This benefit helps with the costs associated with raising children. There will be no payment in December 2024.
Why Payments Might Be Delayed
Despite efforts to issue benefits on time, there are various reasons why CRA payments might be delayed. Some common causes of delays include:
- Weekend/Public Holiday: If a payment date falls on a weekend or public holiday, it will be processed on the next business day.
- Personal Circumstances: Changes in personal information or eligibility can delay payments.
- Processing Errors: Mistakes in tax filings or reassessments can delay payments.
- Incorrect Information: Providing inaccurate or incomplete application information can result in delays.
- Banking Issues: Delays can also occur if there are problems with your bank’s processing systems.
How to Check Your CRA Payment Status
To ensure you receive your CRA payment on time, follow these steps to check your payment status:
- Sign in to your CRA account: Access your CRA My Account or My Business Account for businesses.
- Review Payment Status: For individuals, select “Accounts and Payments” to view payment history, balances, and installments.
- Check for Delays: If there is a delay, allow 3 business days for online payments and 10 business days for payments by cheque.
If you encounter any issues, contact CRA customer support for assistance.
The CRA payment schedule for December 2024 is important for those receiving benefits such as the Canada Child Benefit (CCB) and Ontario Trillium Benefit (OTB).
By staying informed about the payment dates, you can manage your finances and avoid any confusion regarding when to expect your financial support.
Always check the CRA website or your CRA account for the most up-to-date information and payment statuses.
FAQs
1. When is the Canada Child Benefit (CCB) payment in December 2024?
The CCB payment date for December 2024 is 13 December. Make sure to check if you qualify based on your family income and number of children.
2. Why didn’t I receive my GST/HST Credit payment in December?
The GST/HST Credit is paid quarterly, and there is no payment in December. Make sure to check the official CRA payment schedule for future payments.
3. What do I do if my CRA payment is delayed?
If your payment is delayed, verify your personal information with CRA, check your banking status, or contact CRA customer support for more details on the delay.
