#BritishColumbia; #EnhancedClimateActionTaxCredit; #Covid19ActionPlan
British Columbia, Jul 2 (Canadian-Media): More than 80 percent British Columbians will receive an enhanced climate action tax credit (ECATC) automatically starting this week, if they have completed their B.C. 2019 income tax return, media reports said.
Climate Action Tax Credit. Image credit: https://www2.gov.bc.ca
“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 in a news release. “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. This is a needed boost as we work together to restart the economy.”
British Columbians will receive the climate action tax credit along with their federal GST/HST returns.
Enhanced credit, part of B.C.’s COVID-19 Action Plan, which includes the B.C. Emergency Benefit for Workers (BCEBFW), supports people and businesses during B.C.'s efforts to restart plan.
BCEBFW was recently expanded to include workers whose jobs were affected by COVID-19 between March 1 and March 15.
Individuals who are eligible for ECATC will be given up to $218, children will receive up to $64 in a one-time increase, and a family of four will receive up to $564. That is a $174.50 boost for individuals, a $51.25 increase for children and a lift of $451.50 for a family of four, which is double the annual amount eligible households would have received prior to B.C.’s COVID-19 Action Plan.
The scheduled July payment prior to B.C.’s COVID-19 Action Plan, was up to $43.50 per adult and up to $12.75 per child.
An eligible family of four would receive up to $112.50.
CleanBC, the province's pathway to a more prosperous and sustainable future developed in collaboration with the BC Green Party caucus, supports the Confidence and Supply Agreement to implement climate action to meet B.C.'s emission targets.
CleanBC. Image credit: https://www2.gov.bc.ca