The Canada Revenue Agency (CRA) is kicking off 2025 with its first GST/HST payment on January 3, 2025. This essential payment is designed to support individuals and families with low to moderate incomes by offsetting the costs of the goods and services tax (GST) and harmonized sales tax (HST).
If you’re eligible, this is an excellent way to ease your financial burden. Here’s everything you need to know about eligibility, the application process, payment amounts, and important dates.
Table of Contents
What Is the GST/HST Credit?
The GST/HST credit is a tax-free quarterly payment provided by the CRA to help individuals and families with their household expenses.
The credit is intended to cover the GST/HST you pay on everyday items and services. Your payment amount is determined based on your income tax return from the previous year. Payments are made four times a year for:
- You, the individual taxpayer.
- Your spouse or common-law partner.
- Any children under 19 years old in your household.
Who Is Eligible for the GST/HST Credit?
To qualify for the GST/HST credit, you must meet the following requirements:
1. Canadian Residency
You must be a resident of Canada for income tax purposes at the start of the month when the payment is issued.
2. Age Requirement
You must be at least 19 years old in the month the payment is issued. However, there are exceptions if you’re under 19:
- You’re married or in a common-law relationship.
- You’re a parent living with your child.
How to Apply for the GST/HST Credit
If you’re a Canadian resident, the CRA will automatically determine your eligibility based on your 2023 income tax return. Even if you didn’t earn any income in 2023, filing a return is crucial to receive the benefit.
New to Canada? Here’s What to Do:
If you’re new to Canada—such as an international student, work permit holder, or new permanent resident—you may need to apply separately:
- If You’re Not a Parent: Complete Form RC151 (GST/HST Credit and Canada Carbon Rebate Application for Individuals Who Become Residents of Canada).
- If You’re a Parent: Fill out Form RC66 (Canada Child Benefit Application) and Form RC66SCH (Status in Canada and Income Information).
Submit these forms to your local CRA tax centre to start the application process.
How Much Can You Receive in GST Payments?
Your GST/HST payment amount depends on your 2023 income and family circumstances.
For the payment period from July 2024 to June 2025, the maximum amounts are:
- Individuals: Up to $519
- Married/Common-Law Couples: Up to $680
- Per Child Under 19: An additional $179 per child
How Is the GST Payment Calculated?
The CRA calculates your GST/HST credit based on the details from your 2023 tax return. After processing your return, they’ll send a notice in July 2024 outlining:
- Whether you qualify for the GST/HST credit.
- The amount you’ll receive each quarter.
Pro Tip: Use the CRA’s Child and Family Benefits Calculator to estimate your payment.
When Will You Receive the GST Payment in January 2025?
The first GST payment for 2025 is scheduled for January 3, 2025. Eligible Canadians can expect the following maximum amounts, depending on income and family circumstances:
- Up to $519 for individuals.
- Up to $680 for married/common-law couples.
- An extra $179 per child under 19.
GST/HST Payment Dates for 2025:
- January 3, 2025
- April 4, 2025
- July 4, 2025
- October 3, 2025
What to Do If You Miss a Payment
If you haven’t received your January payment by January 15, 2025, follow these steps:
- Check Your CRA My Account: Verify your eligibility status.
- Review Your Banking and Mailing Details: Ensure your information is up to date.
- Contact the CRA: Call the CRA helpline at 1-800-387-1193 for assistance.
2025 First GST/HST Credit Payments Going Out Tomorrow: Payment Breakdown, What’s New?
How Much is the Next GST/HST Payment in 2025?
GST/HST Credit Payments for January 2025 Are Coming Soon — Find Out How Much You Could Receive
Canada Announces Temporary GST/HST Holiday Exemption and $250 Working Canadians Rebate for 2025
Why the GST/HST Credit Matters
The GST/HST credit offers significant financial relief for eligible Canadians. Whether you’re a newcomer, a student, or a long-time resident, this quarterly payment helps reduce the burden of everyday expenses.
Mark your calendar for January 3, 2025, and don’t miss out on this valuable benefit!
Leave a Reply