Online Applications Now Open for BC Recovery Benefit
The Province is offering a new monetary benefit for British Columbia residents called the BC Recovery Benefit – “a one-time, tax-free payment of up to $1,000 for eligible families and single parents and up to $500 for eligible individuals. You have until June 30, 2021 to apply.” The portal to apply online opened today, December 18, 2020.
The benefit amount is determined by your 2019 tax return. Rates:
- Families and single parents: $1,000 for eligible families and single parents with a net income of up to $125,000; reduced benefit amount for eligible families and single parents with a net income of up to $175,000
- Individuals: $500 for eligible individuals with a net income of up to $62,500; reduced benefit amount for eligible individuals with a net income of up to $87,500
You must apply to receive the benefit. Applying online is the fastest way to get your payment. However, phone support for applying by phone begins December 21, 2020. People without a computer or internet access can visit a Service BC location near them to use a computer terminal.
How the Benefit Works
Determine Your Eligibility
What You Need to Apply
Submit Your Application
After You Apply
Repayments
Link to Application Page
