$1,800 rebate starting April 2024, eligibility, payment dates

The Government of Canada recently launched a new program called the Alberta Carbon Tax Rebate, where beneficiaries receive a tax-free amount. The government has launched the program for the year 2024. Through the rebate, the Government of Canada aims to help families and individuals offset the costs of federal environmental taxation. Please note that the agency is offering the Alberta Carbon Tax Rebate amount only to those who are eligible.

To know whether or not you are eligible for the program, read the eligibility section further down in the article. Please note that the same program has been introduced for Saskatchewan, Manitoba and Ontario in addition to Alberta. Scroll down the page for more details such as eligibility, payment dates and more.

Alberta Carbon Tax Refund

The government will offer the Alberta Carbon Tax Rebate amount in January, April, July and October. The next payment date is April 2024. The same program was previously known as the Climate Action Incentive Payment (CAIP).

From 2018 to 2020, it was a tax credit claimed annually on the income tax return. It was a refundable amount. To claim the Alberta carbon tax refund, visit the Government of Canada portal and log in. You can find out more about this by reading the following article thoroughly.

Alberta Carbon Tax Refund Eligibility Criteria

This section should not be skipped as it contains important information on the key eligibility criteria for the Alberta Carbon Tax Rebate. Below you will find detailed information:

• Applicants must be resident in Canada in the month prior to the transfer.
• Eligible beneficiaries must be residents of a relevant CCR province on the first day of the payment month.
• To qualify for the CCR, candidates must either:
  • At least 19 years old in the month before the payment. Or,
  • Under 19 years of age and have or had a spouse or partner or are or were a parent and live (lived) with the child.
• Eligible children:
  • The child is younger than 19 years.
  • The child lives with the parent.
  • The responsibility for the upbringing and care of the child lies with the benefit recipients.

Alberta Carbon Tax Refund Payment Dates

Applicants who are eligible for the tax refund can expect their next payment on April 15, 2024, followed by July, October and January 2025. In case the 15th falls on a scheduled holiday or Saturday and Sunday, beneficiaries will receive the payment on the last business day before the 15th of the respective month. Candidates and their respective spouses or domestic partners must submit their income tax and benefit declaration documents on or before March 15, 2024 to easily receive the patent on the scheduled date.

In case the tax refund is processed after the mentioned date, the payment will be included in the subsequent payment after the assessed tax return. In case a candidate does not receive the payment on the scheduled date, he/she must wait at least ten days before approaching the concerned authority.

How much can you get?

The authority determines the CCR amount taking into account the family situation of the candidates and the province in which they reside. Please note that the CCR is not subject to the benefit reduction based on the adjusted net income of the family. The CCR consists of the rural supplement of 10% of the basic amount for small and rural families.

According to the latest updates, the rural surcharge will be increased to 20% of the original or base amount starting April 2024. It should be noted that the increase is subject to Royal Assent. In case candidates have tax debts with the CRA, the CRA will levy the amount owed for income tax arrears for other provincial and federal government programs. Please note that CRA officials do not charge or provide interest on the overpayment or underpayment of the CCR.

frequently asked Questions

How can I check my next Alberta Carbon Tax Rebate payment?

Candidates can simply use the My Account section on the CRR website to check the status of the next payment. One can also log in to the official portal to receive payment reminders for benefits and credits one week before the payment.

When will the agency offer the Alberta carbon tax refund?

According to official updates, the agency will offer the Alberta Carbon Tax Rebate for 2024 to beneficiaries on April 15, 2024, followed by July, October and January.