VANCOUVER SUN-Applications for a one-time, tax-free recovery benefit for British Columbians will open on Dec. 18.
B.C. politicians this week reconvened for a shortened, emergency session to push through legislation that would secure funding for about 3.7 million British Columbians in the form of the B.C. Recovery Benefit.
The one-time payment is tax-free and the amount will vary depending on an individual’s or family’s income. On Tuesday, the B.C. government announced applications would open on Dec. 18.
“As 2020 draws to a close, we look back on a year like no other. British Columbians came together to face the challenge of COVID-19 with resilience and strength, but the road to recovery is still ahead of us,” said Premier John Horgan in a statement.
“We have worked hard to get the B.C. Recovery Benefit to people as soon as possible. We are united with the millions of people and families who are wrapping up a difficult year and look forward to a new year with hope and the promise of a continued recovery.”
How much will I receive for the B.C. Recovery Benefit?
• Families with incomes under $125,000 can receive $1,000.
• Families with incomes over $125,000 and up to $175,000 will qualify for a reduced amount.
• Single-parent families will also qualify under these benefit amounts.
• Single individuals earning less than $62,500 can receive $500.
• Single individuals earning more than $62,500 and up to $87,500 will qualify for a reduced amount.
Those who are already receiving income assistance and disability assistance are also eligible for the recovery benefit.
Additionally, those on income assistance, disability assistance and low-income seniors receiving the senior’s supplement will receive an additional recovery benefit of $150 per month for January, February and March, 2021.
What are the eligibility requirements for the B.C. Recovery Benefit?
To be eligible for the recovery benefit, you must meet the following requirements and have these documents on hand:
• Be a resident of B.C. and at least 19 years old on Dec. 18, 2020;
• Have filed a 2019 income tax return and have your notice of assessment on hand;
• If applying as a family, have your spouse’s 2019 notice of assessment on hand as well;
• Have your social insurance number and direct deposit information;
• If you have a driver’s licence, you’ll need to provide that number too.
How and where do I apply for the B.C. Recovery Benefit?
B.C. Recovery Benefit applications will be available online at gov.bc.ca/recoverybenefit beginning Dec. 18.
Those needing help can also apply by phone beginning Dec. 21 by calling 1-833-882-0020 . The phone line is open from Monday to Friday, 7:30 a.m. to 5 p.m.