If you depend on payments from the CRA in Canada, the schedule for 2024 includes a mix of monthly, quarterly, and sporadic disbursements, ensuring a diverse range of benefits throughout the year.
CRA Payment Dates 2024
CRA disbursements, such as CCB, GST/HST Credit, OTB, CAIP, ACWB, and ACFB, occur monthly or quarterly. Verify and communicate with the CRA if necessary to guarantee prompt deposits.
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For Canada Child Benefit (CCB):
- Issued on the 20th of each month.
- Incorporates provincial and territorial programs.
- Allow 5 business days after the payment date if not received.
Check the table for the payment schedule:
| Month | Payment Date |
| Jan | Jan 19, 2024 |
| Feb | Feb 20, 2024 |
| Mar | Mar 20, 2024 |
| Apr | Apr 19, 2024 |
| May | May 17, 2024 |
| Jun | Jun 20, 2024 |
| Jul | Jul 19, 2024 |
| Aug | Aug 20, 2024 |
| Sep | Sep 20, 2024 |
| Oct | Oct 18, 2024 |
| Nov | Nov 20, 2024 |
| Dec | Dec 13, 2024 |
Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit:
- Its Goods and Services Tax/Harmonized Sales Tax, is disbursed quarterly on the 5th of January, April, July, and October.
- It encompasses associated provincial and territorial programs.
- If the payment is not received, wait for 10 business days after the designated date.
Check the following table to know the schedule:
| Month | Payment Date |
| Jan | Jan 5, 2024 |
| Apr | Apr 5, 2024 |
| Jul | Jul 5, 2024 |
| Oct | Oct 4, 2024 |
Ontario Trillium Benefit (OTB)
- It is issued monthly, specifically on the 10th of each month.
- It encompasses the Ontario energy and property tax credit, Northern Ontario energy credit, and Ontario sales tax credit.
- If the payment is not received, wait for 10 business days after the designated date.
Check the below table to know the schedule:
| Month | Payment Date |
| Jan | Jan 10, 2024 |
| Feb | Feb 9, 2024 |
| Mar | Mar 8, 2024 |
| Apr | Apr 10, 2024 |
| May | May 10, 2024 |
| Jun | Jun 10, 2024 |
| Jul | Jul 10, 2024 |
| Aug | Aug 9, 2024 |
| Sep | Sep 10, 2024 |
| Oct | Oct 10, 2024 |
| Nov | Nov 8, 2024 |
| Dec | Dec 10, 2024 |
The Climate Action Incentive Payment (CAIP):
- The Climate Action Incentive Payment (CAIP) is disbursed quarterly, occurring on the 15th of January, April, July, and October.
- If the payment is not received, wait for 10 business days after the designated date.
Check the following table to know the schedule;
| Month | Payment Date |
| Jan | Jan 15, 2024 |
| Apr | Apr 15, 2024 |
| Jul | Jul 15, 2024 |
| Oct | Oct 15, 2024 |
Advanced Canada Workers Benefit (ACWB):
- The Advanced Canada Workers Benefit (ACWB) is issued quarterly, specifically on the 12th of January, July, and October (with a slightly earlier date in October 2024).
- If the payment is not received, wait for 10 business days after the designated date.
Check the below table to know the payment schedule:
| Month | Payment Date |
| Jan | Jan 12, 2024 |
| Jul | Jul 12, 2024 |
Alberta Child and Family Benefit (ACFB):
- The Alberta Child and Family Benefit (ACFB) is disbursed quarterly, specifically on the 27th of February, May, August, and November.
- If the payment is not received, wait for 5 business days after the designated date.
Check the following table to know the payment schedule:
| Month | Payment Dates |
| February | Feb 27, 2024 |
| May | May 27, 2024 |
| August | Aug 27, 2024 |
| November | Nov 27, 2024 |
Tax Deadlines for CRA Payments in 2024
Understanding your tax deadlines is important to avoid penalties and interest charges. The following are the key tax deadlines for individual taxpayers in Canada for the 2023 tax year:
Filing deadline:
- April 30, 2024: This is the deadline to file your 2023 tax return, even if you owe no taxes.
- June 17, 2024: If you or your spouse or common-law partner were self-employed in 2023, you have until June 17, 2024 to file your return.
Payment deadline:
- April 30, 2024: This is the deadline to pay any taxes owing for the 2023 tax year, even if you have not filed your return yet.
- February 29, 2024: This is the deadline to contribute to a Registered Retirement Savings Plan (RRSP) for the 2023 tax year.
- March 15, 2024: This is the first quarterly instalment payment due for self-employed individuals who owe more than $3,000 in income tax for 2024.
CRA Payments Methods 2024
The Canada Revenue Agency (CRA) offers ways to receive your benefits and tax refunds conveniently and quickly.Here’s a rundown:
Direct Deposit: The fastest option! Funds are electronically deposited straight into your bank account on the scheduled date.
- Set it up through your CRA My Account, by submitting a TD1 form, or by calling the CRA.
Cheque: Still an option, but slower than direct deposit. Payments are mailed to your address on file, so expect processing time.
Pre-authorized Debit (PAD): Convenient and automatic.
- The CRA withdraws your benefit amount directly from your bank account on the scheduled date.
- Sign up via your CRA My Account or a TD1 form.
Go to GMR Homepage.