In April 2025, the Canada Revenue Agency (CRA) will issue the Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit to assist low- and modest-income Canadians. This quarterly payment helps offset the GST/HST paid on goods and services.
Payment Details:
- Payment Date: April 4, 2025 (Friday)
- Payment Method: Direct deposit or mailed cheque, based on CRA account preferences.
Eligibility Criteria:
To qualify for the GST/HST Credit, individuals must meet the following criteria:
- Residency: Must be a Canadian resident for tax purposes.
- Age: Must be at least 19 years old by April 4, 2025.
- Income Thresholds: Based on 2023 family net income:
- Single Individuals: Up to $54,704.
- Families (Couples or Single Parents): Up to $72,244, with higher thresholds for additional children.
Payment Amounts:
The GST/HST Credit amount varies based on family situation and income:
- Single Individuals:
- Up to $129.75 per month.
- Additional $40.25 if you have a spouse or common-law partner.
- Further $44.75 for each child under 19 years.
- Single Parents:
- Up to $129.75 per child under 19 years.
- Couples:
- Up to $170 combined.
- Additional $44.75 for each child under 19 years.
Note: Amounts may vary slightly depending on province or territory, as some regions provide extra credits.
Payment Schedule for 2025:
The GST/HST Credit is paid quarterly. The upcoming payment dates are:
- April 4, 2025
- July 4, 2025
- October 3, 2025
How to Ensure Receipt of the GST/HST Credit:
To receive the GST/HST Credit:
- File Your Taxes: Submit your 2023 tax return by April 30, 2025.
- Update Personal Information: Ensure marital status, address, and dependent information are current with the CRA.
- Register for Direct Deposit: Sign up through your CRA My Account for faster payments.
Additional Benefits:
Beyond the GST/HST Credit, eligible individuals may also qualify for:
- Canada Child Benefit (CCB): Monthly payments to assist with child-rearing costs.
- Canada Workers Benefit (CWB): Support for low-income workers.
- Provincial/Territorial Supplements: Additional credits varying by region.
The Canada GST/HST Credit provides essential financial relief to low- and middle-income residents. With automatic eligibility based on tax returns, this quarterly payment helps Canadians manage rising living costs.
Ensuring timely tax filing and direct deposit registration ensures recipients benefit from the payment scheduled for April 2025 and beyond.
FAQs:
Who is eligible for the GST/HST Credit?
Canadian residents aged 19 or older with low to modest incomes, as defined by CRA thresholds.
How do I apply for the GST/HST Credit?
Automatically considered when filing your annual tax return; no separate application is necessary.
When will I receive my GST/HST Credit payment?
Payments are issued quarterly, with the next on April 4, 2025.