The Canada Revenue Agency (CRA) will issue its first GST/HST payment of the new year on January 3, 2025. This payment aims to assist low- and modest-income individuals and families in offsetting the Goods and Services Tax (GST) and Harmonized Sales Tax (HST) they pay throughout the year. Here’s everything you need to know to ensure you don’t miss out on this valuable benefit.
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What Is the HST/GST Credit?
The HST/GST credit is a non-taxable quarterly payment designed to provide financial relief to low- and modest-income individuals and families. This benefit ensures that eligible households can offset the impact of GST/HST they pay on everyday goods and services.
Key Highlights:
- Payments are issued four times a year.
- Eligibility is based on your previous year’s income tax return.
- Payments can cover eligible recipients, their spouse or common-law partner, and their children under 19.
Who Is Eligible for the GST Payment?
To qualify for the GST/HST credit, you must meet these criteria:
Canadian Residency:
- You must be considered a resident of Canada for income tax purposes at the beginning of the month when the CRA issues a payment.
Age Requirement:
- You must be at least 19 years old in the month of the payment.
Special Conditions for Those Under 19:
You can qualify if:
- You’re married or in a common-law relationship.
- OR you are a parent living with your child.
How To Apply for the GST Payment
For Canadian Residents:
Filing your income tax return is essential—even if you had no income in 2023. The CRA will automatically determine your eligibility based on your tax return.
For Newcomers to Canada:
If you’re a newcomer, such as an international student, work permit holder, or new permanent resident, you may need to apply separately:
- If You’re Not a Parent: Fill out Form RC151 GST/HST Credit and Canada Carbon Rebate Application for Individuals Who Become Residents of Canada.
- If You’re a Parent: Complete Form RC66 Canada Child Benefit Application and Form RC66SCH Status in Canada and Income Information to provide details about your residency and income.
Mail these forms to your nearest CRA tax centre to initiate your application.
How Much Can You Receive in GST Payments?
Your payment amount depends on your income from the 2023 tax year and your family situation. Here are the maximum amounts for the payment period July 2024 to June 2025:
- Individual: Up to $519
- Married/Common-law Couple: Up to $680
- Per Child Under 19: Additional $179
How Is the GST Payment Calculated?
The CRA calculates your GST/HST credit based on your 2023 tax return. After processing your return, the CRA will issue a notification in July 2024 detailing:
- Your eligibility for the GST credit.
- The amount you will receive each quarter.
Want to estimate your payment?
Use the CRA’s Child and Family Benefits Calculator to get a quick calculation.
What To Do if You Miss the January Payment?
If your GST payment isn’t deposited by January 15, 2025, here’s what you should do:
- Check your CRA My Account to confirm your eligibility.
- Ensure your banking information or mailing address is up-to-date.
- Contact the CRA helpline at 1-800-387-1193 for further assistance.
When Is the GST Payment Coming in January 2025?
The next GST payment date is January 3, 2025. Eligible individuals may receive up to $519, couples may receive $680, and families with children may receive an additional $179, depending on their income.
What Are the GST Payment Dates for 2025?
Mark these dates in your calendar for the 2025 payment schedule:
- January 3, 2025
- April 4, 2025
- July 4, 2025
- October 3, 2025
If you don’t receive your payment within 10 business days, contact the CRA at 1-800-387-1193.
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What Are the Other CRA Benefit Payments Coming in January 2025?
In addition to the GST/HST credit, other CRA benefits may also be issued in January 2025. Stay informed by keeping your CRA My Account updated and monitoring the CRA’s announcements.
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