3:56 pm
July 15, 2014
Hello...
This $1000 Family Grant is conditional on family income up to $125,000. They have not defined this as 2019 or 2020 income. And whether this will be based on taxable income or some other base? I have tried different sources but cant seem to find the answer.
I have enquired of the B.C. NDP party but they have responded that they are too busy to answer.
Does anyone know the answer?
4:07 pm
October 27, 2013
It would be 2020 income.Can't be 2019 since the benefit wasn't even available in 2019. https://www2.gov.bc.ca/gov/content/employment-business/covid-19-financial-supports/emergency-benefit-workers#find-out-eligibility
Application must be made before Dec 2, 2020.
4:22 pm
October 27, 2013
4:37 pm
July 15, 2014
Yes ..that's the grant. But that article unfortunately does not answer my questions (or likely those of many others) . I.E. What Income? If it's taxable income , it can't be 2020, the reporting of which is not due for several months. If it's 2019, is the base taxable income? Does the provincial government have access to tax returns for this purpose?
4:49 pm
October 27, 2013
4:58 pm
April 6, 2013
There's not going to be any details like that because the $1,000 grant is just a campaign promise right now. No legislation has even been introduced as the new BC government has not been sworn in yet.
All there is this right now is this campaign promise from the NDP election platform that the media has been repeating over and over:
A RECOVERY BENEFIT FOR BRITISH COLUMBIANS
We’re helping ease the financial impact of COVID-19 for people in British Columbia who have been hit the hardest.
The pandemic has caused so much pain and hardship for so many people in British Columbia. In a province with a good economy, we’re fortunate that so many have been able to navigate their way through the financial impacts. But for others, the financial stress is felt every day.
The BC Liberals’ answer is to provide tax cuts – but those are proven to help people at the top while making everyone else pay for them through cuts to public services. And those public services are needed now more than ever.
Instead, many of the actions the John Horgan government has taken in our Restart and Economic Recovery plans are helping people find the training and job opportunities to get back on a better financial footing. And to help provide more immediate relief, we will provide:
- A one-time $1,000 direct deposit to families whose household income is under $125,000 annually – with a sliding scale up to $175,000.
- A one-time $500 direct deposit to single people earning less than $62,000 annually – with a sliding scale up to $87,000.
10:17 pm
February 4, 2017
8:17 am
February 17, 2013
mmlt said
I have no problem with giving money to those struggling. Families earning 125K a year should not be hurting.
This was shameless vote buying. Had he promised money to those who really need it would have been fine.
Like AltaRed said....based on 2019 income. Just because the family made $125K in the tax year BEFORE the pandemic, doesn't mean they will this year. Kind of nice to see a tax break for the masses instead of the trickle down from the massive tax breaks corporations get consistently.
12:51 pm
October 29, 2017
I was concerned that I didn’t have a direct deposit setup with the Province, but looks like no worries from the statement..
“ “I have been advised by finance officials that once the dollars are appropriated, it won’t take very much time at all to direct-deposit the money in most cases, because of the work we had done with the federal government’s revenue agency and how we’re sharing information.”
5:32 pm
April 2, 2015
10:29 pm
February 4, 2017
6:18 am
September 11, 2013
10:38 am
November 19, 2014
Bill said
No worries for the 99%, mmlt, it'll be tax the rich plus print and borrow. Otherwise we turf them for someone who will.
Print and borrow ≠ No worries for the 99%.
Print and borrow will directly affect the 99%. Whether or not they realize it until to late is another question altogether. I guess when the price of most consumer goods starts to rise and they can't afford to go to Florida...
12:51 pm
October 29, 2017
Koogie said
Print and borrow ≠ No worries for the 99%.
Print and borrow will directly affect the 99%. Whether or not they realize it until to late is another question altogether. I guess when the price of most consumer goods starts to rise and they can't afford to go to Florida...
Not only that, the more you tax the rich elite, the more they will pick up their wealth and leave. Then we get no tax revenue, lost jobs and an even worse situation.
12:21 pm
July 15, 2014
Notwithstanding all that …..
Here are the rules...
https://www2.gov.bc.ca/gov/content/economic-recovery/recovery-benefit
1:42 pm
September 6, 2020
rqs said
Notwithstanding all that …..Here are the rules...
https://www2.gov.bc.ca/gov/content/economic-recovery/recovery-benefit
Although I live in Ontario I am sure lots of people will welcome the benefit. We have to live by the rules.
Have a Great Day
3:48 pm
January 12, 2019
.
Take Note :
This 'Benefit' is not all Peaches & Cream ... there's a Dark Side to it ❗
Many will receive this benefit Who Don't Really Need It (and don't deserve it) ... while some others Who Actually Need It, will end up being 'Shorted'.
One of many sources ⬇
Lots of us BC'ers are NOT happy about this ❗
- Dean
" Live Long, Healthy ... And Prosper! "
5:06 pm
October 27, 2013
Please write your comments in the forum.