The ACWB is a refundable tax credit designed to encourage workforce participation among low-income individuals and families.
Eligibility:
Canadian residents aged 19 or older, or those living with a spouse or child.
Income thresholds vary by province and family size.
Payment Details:
*Single individuals can receive up to $1,518 annually.
Families can receive up to $2,616 annually, divided into quarterly payments.
How to Apply:
* Eligibility is determined when filing taxes; no separate application is necessary.
*Upcoming Payment Dates:
* January 10, July 11, and October 10, 2025.”