CRA Grocery Rebate 2024 – Check the Payment Date, Amount and Eligibility!

The range of the CRA Grocery rebate for 2024 is $234 to $628, contingent upon the government-established eligibility requirements. The CRA Grocery Rebate 2024 payment is anticipated to be accessible to all eligible individuals on 5 July 2024.

CRA Grocery Rebate 2024

The CRA Grocery Rebate is a one-time payment that was introduced in the 2023 federal budget to provide financial support to eligible Canadians. It was issued on July 5, 2023, alongside the July 2023 quarterly GST/HST credit payment. 

The rebate was computed using the adjusted family net income for 2023 and your family’s circumstances as of January 2024. The government of Canada says that families with low to moderate earnings are eligible for the Canada Grocery Rebate. 

The money will be distributed by the Canada Revenue Agency (CRA), either by cheque or direct deposit. Take a look at the following information to learn more about this initiative launched by the Canadian government. You might get a Grocery Rebate payment in 2024 and your GST/HST credit if you choose to participate in this plan.

How much will CRA Grocery Rebate 2024 be paid?

The CRA Grocery Rebate 2024 is expected to be the same as the CRA Grocery Rebate 2023, which was double the GST/HST credit amount you received for January 2023. The amount of the rebate depends on your family situation in January 2024 and your 2023 adjusted family net income. 

You could have received a maximum payment of up to $628 if you were married or had a common-law partner with four children. Check the table below to get an idea about your family status and rebate amount which you will get soon.

Number of Children  If you are single If you were married or had a common-law partner
No child  $234 $306
One Child  $387 $387
Two Children  $467 $467
Three Children  $548 $548
Four Children $628 $628

Who is eligible to get CRA Grocery Rebate 2024?

The Canada Revenue Agency (CRA) Grocery Rebate 2024 qualifying requirements are intended to help determine which Canadians most need financial assistance for their grocery bills in light of growing inflation. You are eligible to get the CRA Grocery Rebate 2024 if you meet the following criteria:

CRA Grocery Rebate 2024

  • You are a Canadian citizen for income tax purposes and you filed a tax return for 2023.
  • You were eligible to receive the GST/HST credit for January 2023 and you will be at least 19 years old in January 2024.
  • For a single person to be eligible for the rebate their income must be more than $45,000.
  • Family members’ total income should not be more than $65,000 to guarantee that the rebate is intended for people with moderate to low incomes.

If you meet all of these requirements then there is no need to make an extra effort to greet CRA Grocery Rebate 2024. 

When will I get a CRA Grocery Rebate 2024?

The CRA Grocery Rebate 2024 is expected to be issued on July 5, 2024, alongside the July 2024 quarterly GST/HST credit payment. The amount of the rebate will be double the GST/HST credit amount you received for January 2024. Eligible people are advised to get in touch with the official to get more accurate and authentic details. 

If you have submitted your taxes and have your 2023 tax returns, you do not need to apply in 2024. The CRA will instantly send the qualified candidates a check or direct payment for the rebate amount. 

What are the main benefits of CRA Grocery Rebate 2024?

The CRA Grocery Rebate 2024 is a one-time payment that aims to provide financial support to eligible Canadians who are facing high grocery costs due to inflation and other factors. Some of the main benefits of the rebate are:

  • It offers financial relief to low-income households and individuals, making essential goods more accessible and affordable.
  • It helps people afford healthy and nutritious food, which is crucial for well-being and quality of life.
  • It is easy to access and does not require a separate application, as long as you are entitled to receive the GST/HST credit for January 2023 and file a tax return for last year. 
  • As living expenses rise, the rebate provides a safety net for people who are most susceptible to economic swings. It can help them maintain financial stability.

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