In December 2020, the provincial government announced the BC Recovery Benefit, a one-time tax free payment of up to $1000 for eligible families and up to $500 for eligible individuals in the province.
Now, there are only a few more days to apply to receive your benefit if you haven’t already done so, with applications closing on June 30th.
BC Recovery Benefit eligibility is based on net income from one’s 2019 tax return.
The BC Recovery Benefit is available to those:
- Who were residents of BC on December 18th, 2020
- Who were at least 19 years old on December 18th, 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
Once an application has been reviewed and approved, the benefit will be deposited to applicants via direct deposit.
Late applications will not be accepted, however applications received before July 1st will be reviewed and processed.
For more information and to apply for the one-time benefit, visit the BC Recovery Benefit website.