Single People Are Eligible To Get 7 Federal Benefits, Credits, and Payments

Single People in Canada can get money from benefits, credits, and payments without being married or having kids.

Single People 7 Federal Benefits, Credits, and Payments That Are Eligible To Get
Single People Are Eligible To Get 7 Federal Benefits, Credits, and Payments  (Photo: News hub)

 

Hundreds of dollars are up for grabs for single people in Canada

  1. GST/HST credit

Single People can receive goods and services sales tax credits. This credit is a tax-free quarterly payment that helps single people with low incomes offset the GST or HST that single people pay.

  1. Canada Workers Benefit

Single People can get money from the Canada Workers Benefit, a refundable tax credit to help single people work and earn a low and modest income.

  1. Climate action incentive payment

Single People can get money from the climate action incentive payment, a tax-free amount paid to single individuals and families to offset the cost of pollution pricing.

  1. Canada training credit

With the Canada training credit, single people can get a refundable tax credit to help with training fees.

Read Also: How To Claim Social Security Benefits If You Didn’t Get Any Payments

  1. Tax credit for student loan payments

Single people can receive a 15% tax credit on any interest single people pay on their government student loans every year.

  1. Home buyers’ amount

With the home buyers’ amount from the federal government, single people can claim up to $10,000 on their tax return for the purchase of a qualifying home.

  1. Canada Learning Bond

Single People can get money from the Canada Learning Bond. This money is from the government to help pay for post-secondary education.

Read Also: Boost Your Passive Income Sources In 2023: These Are The Three Surprising Ways

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