Canada Revenue Agency Payment Dates: What You Need to Know

The Canada Revenue Agency (CRA) payment dates are a crucial aspect of tax planning for Canadians. The CRA typically issues payments on the last business day of the month.

To ensure you receive your payment on time, make sure to set up direct deposit with the CRA. This will ensure your payment is deposited directly into your bank account.

The CRA payment dates can vary depending on the type of payment. For example, the GST/HST credit payment dates are usually in June and December.

The Canada Revenue Agency (CRA) has specific payment dates and schedules for various benefits and taxes. The GST/HST payment dates for 2025 are January 5, April 5, July 5, and October 4.

If you're expecting a benefit payment from the CRA, it's essential to know the payment dates. The Canada Child Benefit (CCB) payment date for 2024 is December 13, while the Ontario Trillium Benefit (OTB) payment date is December 10. CPP and OAS pension payments are scheduled for December 20.

Here's a breakdown of the payment dates for the mentioned benefits in 2024:

To ensure you receive your benefit payments on time, it's crucial to file your taxes on time, update any changes in your information, and set up direct deposit.

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Canada Revenue Agency Benefits are a vital source of financial support for many Canadians. Families with children under 18 are eligible for the Canada Child Benefit (CCB), which is paid out on December 13, 2024.

To claim the CCB, you need to file your annual tax returns and apply via CRA My Account or Form RC66. This ensures you receive the benefit payment on time.

Families can also receive the Ontario Trillium Benefit (OTB), a payment made to Ontario residents, on December 10, 2024.

To receive the OTB, you need to file your tax return with the ON-BEN application. This is a straightforward process that can be completed online or through the mail.

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Seniors aged 60+ can receive CPP payments, while those 65+ can receive OAS payments, both on December 20, 2024. To apply for these benefits, you can use the My Service Canada Account online or complete paper forms ISP1000/ISP-3000.

To ensure you receive your CRA benefit payments on time, it's essential to file your taxes on time, update your information, and set up direct deposit. This will prevent missed payments or delays, especially during busy periods like December.

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The Canada Pension Plan (CPP) is a crucial benefit for seniors, providing them with a steady income in their golden years. If you're aged 60 or older, you're eligible to receive CPP payments.

CPP payments are made on December 20th of every year. To apply for CPP, you can either apply online through the My Service Canada Account or complete a paper form, ISP1000 or ISP-3000.

The Canada Revenue Agency (CRA) administers the Canada Child Benefit, which provides a non-taxable monthly payment to eligible families.

The program was introduced in 2016 to replace three previous benefits: the Canada Child Tax Benefit, the National Child Benefit Supplement, and the Universal Child Care Benefit.

In 2018, the CRA indexed the maximum benefit amounts to inflation, ensuring that families receive fair compensation for their needs.

The CRA is responsible for determining eligibility and payments to families, as well as communicating with families about their entitlements.

In May 2020, the government increased the benefit amount by up to $300 per child in response to the COVID-19 pandemic.

The Canada Child Benefit program supports the United Nations' Sustainable Development Goal of no poverty (Goal 1) by providing financial assistance to families in need.