Sharing Daily Discoveries About Personal Finance And Business Topics

Up To $1000 Tax Free BC Recovery Benefit Fund

Today people in BC can apply to receive up to $1000 in tax free money as part of a government aid program to help people through financial hardships endured during all the shutdowns that have been experienced during this year. Eligibility seems pretty straight forward as well where virtually anyone who were residents and submitted a 2019 tax return can qualify for some money.

As stated on the site, you can qualify either as a family or individual with the following:

-$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

-$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

All in all it is a pretty easy registration as well. Although the site is getting slammed at times where it was running super slow or a down. But you can visit the application site here and register. What are you waiting for? It has been said that people should get the money before Christmas as well.


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