Thursday, March 28, 2024

British Columbians to get boost in climate tax credit due to COVID-19

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The province announced on Thursday that they will boost the climate action tax credit for more than 80 per cent of families and individuals for the month of July.

The credit will benefit individuals up to $218, children will receive up to $64 and a family of four will receive up to $564.

The government says this is double the annual amount households would have received prior to B.C.’s COVID-19 Action Plan.

The province says the enhanced credit is part of their pandemic response plan to support people and businesses impacted by COVID-19.

“Many British Columbians are still worried about how they can cover costs such as transportation so they can return to work, pay for groceries and find day camps for their children,” said Carole James, Minister of Finance.

“The enhanced climate action tax credit puts extra money in the pockets of British Columbians for their household expenses and to spend at local businesses.”

The funds will automatically be deposited for those who are eligible and have completed their 2019 B.C. income tax return.

Tim Ford
Tim Ford
Digital staff writer with Victoria Buzz

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