Payment of the Solidarity Tax Credit
If you are eligible for the solidarity tax credit, we will send you a notice of determination showing the amount of your credit for the period from July 2023 to June 2024 and the information we took into consideration to calculate it.
Payment frequency
The amount of the credit will determine how often it is paid.
If the credit is $240 or less, it will be paid as a lump sum in July 2023.
If the credit is more than $241 but less than $799, it will be paid in quarterly instalments in July and October 2023, and January and April 2024.
If the credit is $800 or more, it will be paid in monthly instalments, from July 2023 to June 2024.
| Tax credit | Payment frequency |
|---|---|
| $800 or more | Once a month |
| $241 to $799 | Four times a year (July, October, January and April) |
| $240 or less | Once a year (July) |
| 2022 | 2023 |
|---|---|
| July 5, 2022 | January 5, 2023 |
| August 5, 2022 | February 3, 2023 |
| September 2, 2022 | March 3, 2023 |
| October 5, 2022 | April 5, 2023 |
| November 4, 2022 | May 5, 2023 |
| December 5, 2022 | June 5, 2023 |
| 2023 | 2024 |
|---|---|
| July 5, 2023 | January 5, 2024 |
| August 4, 2023 | February 5, 2024 |
| September 5, 2023 | March 5, 2024 |
| October 5, 2023 | April 5, 2024 |
| November 3, 2023 | May 3, 2024 |
| December 5, 2023 | June 5, 2024 |
Direct deposit
As a rule, payments of the tax credit are deposited directly into your bank account. Accordingly, you must inform us of any changes to your banking information.
You can register for direct deposit in one of the following ways:
- Use your financial institution's online services (if your financial institution offers this service).
- Use the online service in My Account for individuals.
- Register online through your financial institution (if your financial institution offers this service).
- Enclose with your return a voided cheque (from an account at a financial institution that has an establishment in Canada) bearing your name and social insurance number.
- Complete a Request for Direct Deposit (form LM-3-V) and file it with your return.
Viewing your file
To stop receiving solidarity tax credit notices by mail and consent to receiving all communications online only, you can:
- change your communication preferences in My Account;
- check the appropriate box when using authorized software to file your income tax return;
- complete form TP-1008-V, Consent to Online Correspondence Only, which is included in your income tax return package, if you send your return by mail; or
- contact our client services.
Regardless of how you claimed your solidarity tax credit, you can use the online service in My Account for individuals for viewing a solidarity tax credit file to see the date and the amount of the last payment made by direct deposit and the notices sent to you.