Discover and read the best of Twitter Threads about #BCAffordabilityCredit
Most recents (1)
If you're eligible for the #BCclimateactiontaxcredit, you'll receive the credit payment from the Canada Revenue Agency (CRA). The credit payment is combined with the federal goods and services tax/harmonized sales tax (GST/HST) credit into one quarterly payment.
#BCclimateactiontaxcredit payments are issued four times a year in July, October, and January usually on the fifth day of the month. The B.C. climate action tax credit payments are non-taxable so you don't include it as income when you file your income tax return.
If your adjusted family net income is above the threshold amount, the #BCclimateactiontaxcredit is reduced by 2% of the adjusted family net income above the threshold until the credit becomes zero. See here for specifics and details on the
alpha.gov.bc.ca/gov/content/ta…
alpha.gov.bc.ca/gov/content/ta…
