The Goods and Services Tax/Harmonized Sales Tax (GST/HST) Credit is a vital financial support mechanism in Canada, designed to assist residents with low or modest incomes by offsetting the GST/HST they pay.
For the 2025 payment period, the Canada Revenue Agency (CRA) has set specific payment amounts and schedules.
GST/HST Credit Payment Details for 2025
For the 2025 payment period, which spans from July 2024 to June 2025, the CRA has established the following payment amounts:
- Single Individuals: Up to $519
- Married or Common-Law Couples: Up to $680
- Each Child Under 19 Years of Age: $179
These payments are disbursed quarterly, providing consistent financial relief throughout the year.
Payment Schedule for 2025
The CRA issues GST/HST credit payments four times a year. For the 2025 payment period, the payment dates are as follows:
| Payment Period | Payment Date |
|---|---|
| July – September 2024 | July 5, 2024 |
| October – December 2024 | October 4, 2024 |
| January – March 2025 | January 3, 2025 |
| April – June 2025 | April 4, 2025 |
Eligibility Criteria
To qualify for the GST/HST credit, individuals must meet the following criteria:
- Residency: Must be a resident of Canada for income tax purposes at the end of the month before and at the beginning of the month in which the CRA makes a payment.
- Age: Must be at least 19 years old. If under 19, must have a spouse or common-law partner, or be a parent living with a child.
- Children: For parents, the child must be under 19, live with the applicant, and not be receiving the credit themselves.
Detailed eligibility criteria are outlined by the CRA and should be reviewed to confirm qualification.
How to Apply
No separate application is necessary for the GST/HST credit. Eligible individuals are automatically considered when they file their annual tax return.
It’s essential to file taxes even if there is no income to report, as this ensures the CRA can assess eligibility and calculate the appropriate credit amount.
Additional Provincial and Territorial Benefits
In addition to the federal GST/HST credit, provinces and territories offer related programs to provide further financial relief.
These benefits are typically included in the quarterly payments and may vary based on residency and specific criteria. For instance:
- British Columbia: Offers a climate action tax credit, providing up to $504 for individuals, $252 for spouses/common-law partners, and $126 per child under 19.
- Newfoundland and Labrador: Provides an income supplement of up to $520 for individuals and $589 for couples, plus $231 per child under 19.
It’s advisable to consult provincial resources or the CRA for detailed information on these additional benefits.
Understanding the GST/HST credit and related provincial benefits can significantly ease the financial burden of sales taxes for eligible Canadians. It’s crucial to stay informed about payment schedules and ensure timely tax filing to receive these benefits.
FAQs
Who is eligible for the GST/HST credit?
Residents of Canada who are at least 19 years old, or under 19 with a spouse/common-law partner or child, and meet income requirements.
How do I apply for the GST/HST credit?
File your annual tax return; the CRA will automatically determine your eligibility.
When will I receive my GST/HST credit payment?
Payments are issued quarterly on the dates specified by the CRA.