In Canada, the Government offers programs such as Canada Workers Benefit for the Working Individuals who have less or low income. These Workers benefits are paid quarterly by CRA and this payment is made after the filing of the Federal Tax Returns. The advance payment can be made up to 50%. No application procedure is needed for such programs. Only the citizens need to file the income tax returns. In 2024, news popped up for $1428 Canada Workers Benefit Payment 2024. We will check the facts and reality for the benefit of the workers. Also we will find the Eligibility and dates for the payment. We can see when the next payment for CWB can be expected?
$1428 Canada Workers Benefit Payment 2024
Canada Workers Benefit is made for the individuals who are working and have less or low income. It is the refundable tax credit which can be claimed after filing the federal income tax return. Canada Workers Benefits has two elements for the payment, one is basic amount and other one is disability supplement. These both elements of CWB have distinct eligibility. $1428 Canada Workers Benefit 2024 is not yet approved and confirmed. We will see the basic criteria for selection and $1428 Canada Workers Benefit Payment Date 2024 for this refundable tax credit. Also we will find the rates for individuals and families with basic and disability supplements.
$1428 Canada Workers Benefit Payment 2024- Overview
| Title | $1428 Canada Workers Benefit Payment 2024 |
| Year | 2024 |
| Country | Canada |
| Name of the Agency | Canada Revenue Agency |
| Name of the Payment | Canada Workers Benefit |
| Objective | Financial Aid |
| Canada Workers Benefit Eligibility 2024 | Qualified Canadian Citizens |
| Frequency of Payment | Quarterly |
| CWB Payment Amount 2024 | Check Post |
| Mode of Payment | Direct Deposit |
| Canada Workers Benefit Payment Date 2024 | Expected in October |
| Category | Finance |
| Official Web Portal | www.canada.ca |
Canada Workers Benefit Eligibility 2024
The Canada workers benefit eligibility depends on the age, residency and income. We will check the $1428 Canada Workers Benefit Eligibility 2024 based on such factors and also we will provide the basic eligibility and disability supplement eligibility:
- Throughout the Year, the citizen needs to have Canadian Residency.
- The age Qualification as on 31st December is 19 Years or more.
- The Spouses may be eligible if Throughout the Year he/she has Canadian Residency and Live with you as a partner throughout the Year.
- The Dependent may be eligible if he/she is the child of your spouse and the child is under 19 Years and the child lives with you and your partner as on 31st December. The child should not separately qualify for Canada Workers Benefit.
- The individual needs to earn working income and the limits must be lower than the province or territory prescribed thresholds. Check the threshold limit below:
| Status of Citizen | Canada excluding provinces Alberta, Quebec, Nunavut | Quebec | Nunavut | Alberta |
| Family with Children | $43,212 | $35,912.95 | $58,932 | $43,952 |
| Family without Children | $43,212 | $45,060.02 | $58,932 | $43,952 |
| Individual with Children | $43,212 | $21,488.47 | $58,932 | $43,952 |
| Individual without Children | $33,015 | $29,072.64 | $58,925 | $33,093 |
- The individual may qualify for Disability Supplement if they follow the earning limit below and if the individual qualifies for DTC and has Approved DTC Certificate with Form T2201.
| Status of Citizen | Canada excluding provinces Alberta, Quebec, Nunavut | Quebec | Nunavut | Alberta |
| Family with Children | $48,124 | $39,613.15 | $65,757 | $48,886 |
| Family without Children | $48,124 | $48,760.22 | $65,757 | $48,886 |
| Individual with Children | $48,124 | $25,188.67 | $65,757 | $48,886 |
| Individual without Children | $37,932 | $32,772.84 | $65,750 | $38,007 |
Non- Qualifying Citizens: Here we see Non- Qualifying citizens for this Canada Worker Benefit:
- If the individual is confined to imprisonment for continuous 3 months or 90 days then he/she may not qualify for this $1428 Canada Worker Benefit.
- The individual may not qualify if the individual does not file the tax returns or pay the federal taxes as an officer or servant of another nation.
CWB Payment Amount 2024
The CWB Payment Amount 2024 depends on the income and province of the individual. This $1428 CWB Payment Amount 2024 is not verified and confirmed. We will check the payment amount of CWB based on status, and income.
Basic Amount for CWB 2024:
| Income Limit | Individuals Basic Amount | Income Limit | Families Basic Amount |
| Less than $24,975 | $1518 | Less than $28,494 | $2616 |
| Reaches $35,095 | Nil | Reaches $45,934 | Nil |
Disability Supplement CWB Amount 2024:
| Income Limit | Individuals Basic Amount | Income Limit | Families Basic Amount |
| Less than $35,098 | $784 | Less than $45,932 | $784 |
| Reaches $40,325 | Nil | Reaches $55,159 for one partner and $56,386 for both partners | Nil |
Canada Workers Benefit Payment Date 2024
This $1428 Payment is not yet confirmed or officially announced. We can check the payment dates for regular Canada Workers Benefit. The payments are made in three instalments and these three instalments dates are:
- 12th July 2024
- 11th October 2024
- 10th January 2025
FAQ Related To $1428 Canada Workers Benefit Payment 2024
No, this payment is not yet officially announced by CRA.
The CWB Payment amount calculation is based on marital status, provincial residence, income of individual, household income, and DTC Eligibility.
John Wick is a Media and Finance editor, passionate about writing and editing content related to finance and taxes. He has achieved dual degree in Mass Media and Finance From one of the top universities in the World. He is keen to learn new things and changes which take place in the world of Finance and stocks.