January 2025 $928 Payment for Low-Income Canadians Eligibility and Payment Dates

In January 2025, low-income Canadians can expect a $928 payment, providing much-needed financial relief amid rising living costs. This government initiative aims to support individuals and families struggling to meet essential expenses. Whether you’re a senior, a single parent, or someone on a tight budget, understanding your eligibility and how to access this payment is essential.

What is the $928 Payment?

The $928 payment is a one-time financial relief measure introduced to assist Canadians with low incomes. Distributed by the Canada Revenue Agency (CRA), it addresses increased financial pressures caused by inflation and rising living costs, including essentials like food, housing, and utilities. This payment complements ongoing support programs like the Canada Child Benefit (CCB) and the Goods and Services Tax (GST) Credit.

Key Details at a Glance

Who is Eligible for the $928 Payment?

To qualify for the $928 payment, you must meet the following criteria:

1. Residency

You must be a Canadian citizen, permanent resident, or hold another valid residency status.

2. Income Thresholds

Eligibility is based on family net income:

• Single individuals: Earning less than $15,000 annually.
• Families of four: Combined income below $21,000 annually.

3. Existing Benefit Recipients

Recipients of benefits such as the Canada Child Benefit (CCB) or GST Credit may automatically qualify.

4. Filing Taxes

Filing your 2023 tax return is essential. The CRA uses tax information to determine eligibility for this payment and other benefits.

How to Apply for the $928 Payment

Automatic Eligibility

If you’re already enrolled in federal benefits programs like the CCB or GST Credit, you don’t need to apply separately. The CRA will assess your eligibility and disburse the payment automatically.

New Applicants

For those not currently receiving government benefits, follow these steps:

1. File Your Taxes
   • Submit your 2023 tax return, even if you earned no income. Tax returns are used to calculate family net income and verify eligibility.
2. Register with CRA
   • Create a CRA My Account to track applications, update personal information, and manage benefits.
3. Submit an Application
   • Visit the CRA Benefits page to access the application form for this payment. Provide documentation, such as proof of income and family size.
4. Monitor Your Account
   • Check your CRA My Account regularly for updates on your payment status.

How Will the Payment Be Distributed?

Direct Deposit

Most recipients will receive the $928 payment directly into their registered bank accounts.

Paper Checks

If you’re not enrolled in direct deposit, the CRA will mail a paper check to the address on file.

Timeline

Payments are scheduled for January 2025. Direct deposits typically arrive faster than mailed checks. If you don’t receive your payment within 10 business days of the expected date, contact the CRA.

Examples of Who May Benefit

Example 1: Single Individual

Sarah, a 32-year-old living in Alberta, earns $14,000 annually from part-time work. She qualifies for the $928 payment, which will help cover her rent and groceries.

Example 2: Family of Four

The Johnson family, with two children and a combined annual income of $20,500, qualifies for the payment. They plan to use the funds for winter clothing and utility bills.

Complementary Financial Assistance Programs

If you’re eligible for the $928 payment, you may also qualify for other government benefits:

1. Canada Child Benefit (CCB)

• Monthly payments to families with children under 18.
• Payment amounts depend on family income and the number of children.

2. Goods and Services Tax (GST) Credit

• Quarterly tax-free payment to offset GST/HST expenses for low-income Canadians.

3. Guaranteed Income Supplement (GIS)

• Additional financial assistance for low-income seniors receiving Old Age Security (OAS).

4. Provincial and Territorial Programs

• Many provinces offer additional benefits, such as the Ontario Trillium Benefit or BC Climate Action Tax Credit. Visit your provincial government’s website for specific details.

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Next GST Payment 2024-2025: Amount, Payment Dates, and Eligibility

How to Maximize Your Benefits

1. File Taxes Early
   • Submit your 2023 tax return promptly to ensure eligibility for federal and provincial benefits.
2. Update Personal Information
   • Notify the CRA of changes to your address, marital status, or direct deposit information to prevent payment delays.
3. Combine Benefits
   • Use the $928 payment alongside other credits like the GST Credit or CCB to cover essential expenses.
4. Seek Financial Advice
   • Consult a financial advisor to optimize your benefits and develop strategies to stretch your income.