As the new year begins, Canadians are in for a financial boost with the first payment of the Goods and Services Tax (GST) Credit for 2025. This quarterly payment is designed to help low- to moderate-income households cover the costs of everyday goods and services, offering much-needed relief during tough times.
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What is the GST Credit?
The GST Credit is a non-taxable, quarterly benefit that helps Canadian families manage the costs associated with the Goods and Services Tax (GST) and the Harmonized Sales Tax (HST). It is designed to support those who may struggle with the additional tax burden on products and services they purchase throughout the year.
This credit is calculated based on your annual income, and there are additional payments for spouses, common-law partners, and children under 19 years old who meet the eligibility criteria.
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Key Details You Should Know
- Payments are issued quarterly: The credit is distributed four times a year, and eligibility is based on your income tax return from the previous year.
- Who is eligible: You must be a Canadian resident for tax purposes, at least 19 years old (or a parent, married, or living in a common-law relationship if under 19), and meet income requirements.
- Payment amounts vary: The credit amount depends on your household’s size and income. The maximum payments for 2025 are:
- Individuals: Up to $519
- Common-law couples: Up to $680
- Children under 19: Additional $179 per child
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Payment Dates for 2025
The CRA has announced the following payment schedule for the GST Credit in 2025:
- January 3, 2025
- April 4, 2025
- July 4, 2025
- October 3, 2025
Payments are typically received within 10 business days of the scheduled dates. If you haven’t received your payment by then, it’s important to contact the CRA to verify your eligibility and banking information.
How to Qualify for the GST Credit
To qualify for the GST Credit, you must meet the following criteria:
- Be a Canadian resident for tax purposes during the month of payment.
- Be at least 19 years old, or meet specific conditions for minors (e.g., if you’re married, in a common-law relationship, or a parent).
- Your eligibility is based on your previous year’s income tax return, which will determine the amount you receive.
How to Apply and Receive Payment
To receive the GST Credit, you must file your 2023 tax return. If you are a newcomer to Canada, such as an international student or a work permit holder, you may need to file a separate application.
- For non-parents: File Form RC-151.
- For parents: File Form RC66 and Form RC66SCH.
GST/HST Credit Payments for January 2025 Are Coming Soon — Find Out How Much You Could Receive
What to Do If Your Payment Is Lost or Delayed
If you do not receive your payment by January 15, you should check your MiCRA account to confirm your eligibility and ensure your banking information is up to date. If you still have issues, you can contact CRA customer service at 1-800-387-1193 for further assistance.
This new year, the GST Credit provides a welcome financial cushion for many Canadians. Make sure you check your eligibility and keep track of important dates so you don’t miss out on this valuable support.
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