Online applications for BC Recovery Benefit open December 18, 2020. The BC Recovery Benefit is a one-time, tax-free payment of up to $1,000 for eligible families and single parents and up to $500 for eligible individuals. How the benefit works The BC Recovery Benefit...
For 2020, the government announced increases to the basic personal amount for 2020 and subsequent years beyond the normal inflationary adjustment. Let’s review the changes to the BPA and also take a look at some of the new tax numbers coming for 2020. ANNUAL INFLATION...
