Business
BC is enhancing its climate action tax credit during the COVID-19 pandemic, doubling the amount eligible households would have received before.
Climate action tax credit increasing during pandemic
Published 11:02 PDT, Thu July 2, 2020
Last Updated: 11:42 PDT, Tue July 21, 2020
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Starting this week, more than 80 per cent of families and individuals in British Columbia will automatically receive an enhanced climate action tax credit.
Eligible individuals will receive 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—double the annual amount eligible households would have received prior to BC’s COVID-19 Action Plan.
British Columbians will receive the climate action tax credit along with their federal GST/HST returns. Those who are eligible for the enhanced benefit will automatically receive it if they have completed their BC 2019 income tax return.
For additional information about the one-time increase to the climate action tax credit, visit: https://gov.bc.ca/gov/content/taxes/income-taxes/personal/credits/climate-action
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