The imminent dispatch of the “gift certificates” that Prime Minister François Legault promised during the election campaign has generated many questions from readers.
From the outset, I remind you that people earning an income of $50,000 or less will receive a “cheque” for $600. And those with an income ranging from $50,000 to $100,000 will receive a “check” for $400.
Listen to the Economic editorial by Michel Girard broadcast live every day at 7:35 a.m.atQUB radio:
You will notice the word ” check” is in quotation marks because Legault’s “gift” will also be paid by direct deposit to taxpayers.
1)When the “gift certificates” will they be sent?
As soon as Finance Minister Eric Girard's mini-budget is tabled, at the beginning of next December.
2) Which ministry will send the “cheques- gifts”?
Revenu Quebec is responsible for this vast operation aimed at sending said “gift certificates” to six million Quebec taxpayers.
3) What must the taxpayer do to receive his cheque?
In principle, absolutely nothing. Revenue Quebec takes care of it. I say “in principle” because if ever you do not receive it, you will have to take steps to obtain it.
4) But on what does Revenu Québec base itself for determine the income of the lucky beneficiaries?
Simply on their 2021 tax returns. Just like when they sent out the previous $500 “anti-inflation checks” last spring.  ;
5) Will these new gifts of $400 or $600 be taxable?
No, just as was also the case with the previous $500 “anti-inflation” check.
6) Regarding taxpayers who owe money to the Government of Quebec, will they have their check seized as financial compensation for their debts to the State?
No. The Prime Minister's press secretary, Ewan Sauves, confirmed to me that none of the $400 to $600 checks promised by François Legault during the election campaign will be withheld to repay any debt to the government.
It will be recalled that the Legault government had previously decided to use last spring's $500 anti-inflation checks to force taxpayers who have a government debt to repay it.
Electoral promise obliges, François Legault has made the commitment, this time, not to withhold any checks for the purpose of reimbursing debts to the Government of Quebec.
< strong>7) Will young people who turn 18 in 2022 also be able to benefit from the $600 gift certificates?
The question is all the more relevant since these 18-year-olds were not entitled to the previous $500 check on the pretext that you had to be 18 on December 31, 2021.
I asked Prime Minister Legault's spokesperson if the “18 years old by December 31, 2021” rule would remain in effect for new “gift certificates”.
If such is the case, this suggests that the young people, who turned 18 this year between January 1 and the day of the vote on October 3, were “old enough” to vote, but “too young” to receive their electoral check by François Legault!
I am awaiting the response from the Prime Minister's Office…
Listen to Michel Girard's economic editorial broadcast live every day at 7:35 a.m.atQUB radio:
$2000 IN SUPPORT FOR SENIORS
1) Who is entitled to this election promise by François Legault to increase the amount of the refundable tax credit to support seniors from $411 to $2,000 per year?
These are low-income seniors aged 70 and over.
To be entitled to the refundable tax credit of “$2,000”, you must declare in 2022 an income of less than $24,195 in the case of a “single person”.
In the case of seniors with “eligible spouse”, they will receive $4,000 if they earn less than $39,350 between them.
Above these income thresholds, the credit for refundable tax will be gradually reduced. It will disappear from $32,415 (for a single person) or $55,790 for couples with an eligible spouse.
2) What must seniors do to obtain this tax credit refundable?
You must file your 2022 income tax return. Revenu Québec will then take care of returning this other election gift from François Legault to eligible seniors.
3) Regarding seniors who have a government debt, will Revenu Québec seize their check to reimburse the government?
No! François Legault's office assures me that no money will be withheld.
Katrine Johns has been a reporter on the news desk since 2013. Before that she wrote about young adolescence and family dynamics for Styles and was the legal affairs correspondent for the Metro desk. Before joining The Gal Post, Katrine Johns worked as a staff writer at the Village Voice and a freelancer for Newsday, The Wall Street Journal, GQ and Mirabella. To get in touch, contact me through my email@example.com 1-800-268-7128