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HST credit cheques in the mail to support BC families

Nelson Daily Staff
By Nelson Daily Staff
April 6th, 2011

Over one million British Columbians will receive their April quarterly payment of the BC HST Credit beginning this week.

The BC HST Credit is for lower-income individuals and families. Eligible lower-income British Columbians receive up to $230 annually for each family member through the B.C. HST Credit.

For example, the credit provides a family of four with up to $920 a year and up to $1,380 for a family of six.

The full BC HST Credit is available for individuals with incomes up to $20,000 and families with incomes up to $25,000. Individuals and families with incomes above the thresholds may be eligible for a partial benefit.

The credit is paid four times a year, along with the BC Low Income Climate Action Tax Credit and the federal GST credit.

 

Quick facts

• About 1.1 million low- and modest-income British Columbians receive the BC HST Credit, including about 220,000 seniors.

• The BC HST Credit is issued four times a year: January, April, July and October.

• Under the previous PST system, only very low-income British Columbians received an annual credit of $75.

 

Learn more

For more information about the BC HST Credit and to see the insert in circulation with the cheques, visit: http://www.hstinbc.ca/bc_hst_credit/

 

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