David Whitt If you have low-income or living under a moderate-income while supporting your family, then you can be benefitted with the Earned Income Tax Credit (EITC). The Internal Revenue Service (IRS) provides the EITC to help low- to moderate-income taxpayers and families get a tax break. The credit amount depends on the number of children, dependents … Read more
After the pandemic, there has been a tremendous rise in food prices which resulted in a range of financial difficulties for the Canadian citizens. The low-income or no income individuals and their households were the most to be affected by this cause since it became a financial burden to afford even the basic household requirements. … Read more
The Services Australia overlooks the financial help provided under Jobseeker Pension to the eligible citizens aged between 22 and age pension age and are looking for a job. Apart from that, in case of an injury or health condition or if a person needs a break of a short time to study which restricts them … Read more
The Canada Revenue Agency runs the Canada Pension Plan (CPP) which guarantees a better retirement for eligible citizens. The Federal Government announces the CPP Payment Dates October 2024. This monthly taxable benefit helps the citizens cover their basic household and medical expenses. During their employment years, citizens need to contribute some part of their monthly … Read more
The parenting payment is the major financial support under Centrelink programs for the eligible parents who are responsible as a carer for a young child. You can claim the $28.30 Pension Supplement + $987.70 Payment for Australia via Services Australia on qualifying the eligibility criteria. The payment is proven to be of significant financial comfort … Read more
Every month, senior citizens residing in Canada receive the Old Age Pension (OAS) as part of the government aid programs. The Canada Revenue Agency manages the OAS payments as well as the Canada Pension Plan (CPP). This payment is available for seniors of age 65 years old or above. The OAS Payments ensure a better … Read more
The Canada Pension Plan (CPP) is one of the major financial support programs run by the federal government of Canada and the Canada Revenue Agency (CRA). As of 2024, over 5.9 million Canadians receive the CPP with a total payment of $46.5 billion paid to the eligible beneficiaries. The CPP accounts for retirement, post-retirement, and … Read more
The Canadian Government in association with the government agency, Canada Revenue Service (CRA) provides the grocery rebates to make sure every citizen gets a healthier diet. One of the major concerns behind implementing this benefit is the rising food prices in the country due to inflation and high living expenses. The Canada Grocery Rebate intends … Read more
The Canada Revenue Agency offers various rebates and credits to the low-income citizens of the country. One such benefit is the Canada Grocery Rebate Payments October 2024. With this payment, CRA aims to give financial aid to every low-income citizen living below the poverty line. The reason behind this is the rising inflation and the … Read more
The Canadian government applies a tax or charge on carbon-based fuels that can cause pollution. To overcome this, eligible residents in some provinces and territories of Canada quarterly receive Canada Carbon Rebate payments. Now it is reported that the Canada Revenue Agency is planning to distribute $250 Canada Carbon Rebate in 2024. However, the confirmation … Read more