Revenu Québec announced that the distribution of cheques by the provincial government, to deal with the rise in the inflation rate, will begin by the beginning of this month.
That financial assistance will be given to more than 6.5 million taxpayers.
The amount will be $600 for people whose individual income does not exceed $50,000. It will gradually decrease for those with an income slightly above $50,000.
It will be $400 for the $54,000 to $100,000 range. Again, there will be a distribution, which will be gradually reduced to $104,000.
That amount will be adjusted, according to income for 2021. Also, it must be noted that it’s non-taxable, and will be remitted by direct deposit, or cheque by the end of 2022.
Revenu Québec specifies that citizens don’t have to do anything in order to receive the money.
Those who are yet to file their 2021 tax return have until June 30, 2023 to do so, and thus take advantage of that new measure.
People who received last-resort financial assistance on Dec. 31, 2021, and benefit from the automatic payment of the TQS component of the solidarity tax credit, don’t have to file an income tax return to be eligible for the cheque. (N.P.)
translated by Alec Brideau