September 2024 CRA Benefits Payment Dates: If you’re a Canadian receiving government benefits through the Canada Revenue Agency (CRA), staying informed about your upcoming payment dates is essential. September 2024 brings various benefit payments, including Ontario Trillium Benefit (OTB), Canada Pension Plan (CPP), Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit, Old Age Security (OAS), and the Climate Action Incentive Payment (CAIP). This article breaks down all the key payment dates, eligibility requirements, and amounts for September 2024, ensuring you can manage your finances efficiently.
September 2024 CRA Benefits Payment Dates
| Benefit | Payment Date | Amount (Monthly/Quarterly) | Eligibility |
|---|---|---|---|
| Ontario Trillium Benefit (OTB) | September 10, 2024 | Varies based on eligibility (up to $1,421 for energy & property tax credit for seniors) | Ontario residents meeting specific criteria (income level, residency) |
| Canada Pension Plan (CPP) | September 25, 2024 | Up to $1,306.57 per month | Canadians aged 60+ who have made contributions to the CPP |
| GST/HST Credit | October 4, 2024 | $519 (single individuals), $680 (couples), $179 per child | Low to moderate-income Canadians |
| Old Age Security (OAS) | September 25, 2024 | Up to $707.68 (ages 65-74); up to $778.45 (ages 75+) | Canadians aged 65+ with income below specific thresholds |
| Climate Action Incentive Payment (CAIP) | October 2024 | Varies by province (e.g., $244 in Ontario for a single adult per year) | Residents of participating provinces (e.g., Ontario, Manitoba, Alberta) filing a tax return |
Ontario Trillium Benefit (OTB)
The Ontario Trillium Benefit (OTB) combines the Ontario Energy and Property Tax Credit, Northern Ontario Energy Credit, and Ontario Sales Tax Credit into one convenient payment. Payments are distributed monthly or as a lump sum, depending on your preference when you file your taxes.
- Payment Date: September 10, 2024
- Amount: Varies, with maximums such as up to $1,421 for seniors aged 65 and over.
- Eligibility: You must be an Ontario resident, and eligibility is based on income levels, age, and other factors.
Canada Pension Plan (CPP)
If you’re receiving Canada Pension Plan (CPP) payments, mark September 25, 2024 on your calendar. CPP provides retirement income to Canadians who have made contributions during their working years. It also offers disability and survivor benefits.
- Payment Date: September 25, 2024
- Amount: The maximum monthly amount for new beneficiaries is $1,364.60 (if starting at age 65).
- Eligibility: You must be at least 60 years old and have contributed to the CPP during your working years.
GST/HST Credit
The GST/HST credit is a quarterly payment that helps low- to moderate-income Canadians offset the goods and services tax they’ve paid. The next payment will arrive on October 4, 2024.
- Payment Date: October 4, 2024
- Amount: For 2024, the payment amounts are $519 for single individuals, $680 for couples, and $179 per child.
- Eligibility: Eligibility depends on your income, and you need to file your taxes to qualify.
Old Age Security (OAS)
The Old Age Security (OAS) pension provides monthly payments to seniors aged 65 and over. OAS payments are adjusted for inflation every quarter, so you’ll want to keep an eye on the amounts.
- Payment Date: September 25, 2024
- Amount: Up to $707.68 for individuals aged 65 to 74 and up to $778.45 for those aged 75 and over.
- Eligibility: Canadians aged 65 and above, with income below certain thresholds.
Climate Action Incentive Payment (CAIP)
The Climate Action Incentive Payment (CAIP) helps offset the cost of federal carbon pollution pricing. Payments are made quarterly, and the next one is scheduled for October 2024.
- Payment Date: October 2024
- Amount: Varies by province. For example, Ontario residents can expect to receive $244 for a single adult over the year.
- Eligibility: You qualify automatically if you file your taxes and live in a participating province like Ontario, Manitoba, or Alberta.
FAQ
Q: When will I receive my CPP payment in September 2024?
- A: Your CPP payment will be deposited on September 25, 2024.
Q: How much can I receive in OAS payments?
- A: If you’re aged 65 to 74, you can receive up to $707.68 monthly. If you’re 75 or older, the amount increases to $778.45 monthly.
Q: What is the next payment date for the GST/HST credit?
- A: The next GST/HST credit payment date is October 4, 2024.
Q: Who qualifies for the Climate Action Incentive Payment?
- A: If you live in a participating province (like Ontario, Manitoba, Alberta) and file your taxes, you qualify for CAIP.
