GST/HST Credit Payments – Eligible Canadians May Receive Up to $519 Across Four Payments

Written byPraveen Singh

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GST/HST Credit Payments: Residents of Canada pay the goods and services tax/ harmonized sales tax every year and complete their responsibility towards the country. However, these tax deductions are taking a huge toll on the living standards of individuals and families. The government has considered the situation. Therefore, the government is now offering GST/HST Credit Payments to all eligible taxpayers. The credit payment amount will help individuals and families with low and modest incomes offset the GST or HST they pay.

The payment amount consists of the payments from provincial and territorial programs. Please note that the Canada GST/HST Payment will only be offered to individuals who fulfil all the required eligibility conditions. The following article includes detailed information regarding the payment amount, eligibility criteria and more.

GST/HST Credit Payments - Eligible Canadians May Receive Up to $519 Across Four Payments

GST/HST Credit Payments

A huge update has been made by the officials regarding the GST/HST Credit Payments. Due to wildfires in Alberta, British Columbia, Manitoba, and Northwest Territories, residents of these parts will face delays in the mail delivery of their benefits and credit cheques. Please note that these delays will not be faced by people who get the amount through the direct bank deposit.

GST/HST Tax-Free Credit Payments are tax-free amounts which are provided quarterly every year. Please note that individuals will not have to fill out an application form to get the benefits of the GST/HST Credit Payment. Service Canada gathers information about candidates through tax returns and ensures their eligibility. If the applicant is found eligible, they will automatically get enrolled for the credit benefit.

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Canada GST/HST Payment Eligibility Criteria

The following section has been prepared especially to provide detailed information regarding the eligibility conditions which need to be fulfilled to get benefits. Below are the required eligibility criteria:

  • Applicants should be a minimum of 19 years old to get the GST/HST Credit Payment.
  • In case, the applicant is less than 19 years old, they must attain any one of the following conditions:
    • Applicants must have (or had) a spouse or common-law partner
    • They are (or were) parents and live (or lived) with their child.
  • Applicants must be residents of Canada for income tax purposes during the month before the CRA makes a payment and at the start of the month, the CRA makes a payment.
  • Parents sharing the child’s custody might be eligible to get half the amount of the Canada GST/HST Payment.
  • If the respective child welfare agency is legally, physically or financially responsible for a particular child, then their parents or guardians cannot be eligible for the GST/HST Credit Payment.

GST/HST Tax-Free Credit Payments Amount

The following paragraph discusses the amount which the applicants can expect as the GST/HST Credit Payment. Based on the following points GST/HST credit payment amount will be decided:

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  • The adjusted family net income of the beneficiary should be:
    • In case, the applicants are single, the amount from line 23600 of their income tax return, or the amount that it would be if they completed one
    • If the individuals have a spouse or common-law partner, their net incomes will be combined to determine their family net income.
  • The number of children who are less than 19 years old that individuals have registered for the Canada child benefit and the GST/HST credit.

Now, let’s take a look at the estimated amount which will be offered to beneficiaries from July 2024 to June 2025:

  • $519: if the beneficiary is single
  • $680: if the beneficiary is married or has a common-law partner
  • $179: for each child under the age of 19

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Frequently Asked Questions

What are the dates of GST/HST Credit Payments?
The officials issue the GST/HST Credit Payments to beneficiaries four times a year i.e., between July 2024 to June 2024. The payment dates are 5th July, 5th October, 5th January and 5th April.

What to do if the payments are not made on the scheduled date?
The officials usually release the payment on the scheduled date. The first reason behind the no payment on the scheduled date is that the date falls on a weekend or holiday. Candidates should wait for a few days. If the payment is still not credited, contact Service Canada to get the solution.

How to apply for the GST/HST Tax-Free Credit Payment?
You do not have to apply for the credit as the officials automatically enrol the eligible candidates for the benefit.

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