Kim
As the cost of living continues to rise, the Canada Revenue Agency (CRA) is set to issue the next Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit payment on July 5, 2025.
This tax-free quarterly payment aims to assist low- and modest-income Canadians by offsetting a portion of the GST or HST they pay throughout the year.
If you’re wondering about your eligibility and how to ensure you receive this benefit promptly, read on for comprehensive details.
What Is the GST/HST Credit?
The GST/HST credit is a non-taxable quarterly payment provided by the federal government to help individuals and families with low or modest incomes offset the GST or HST they pay on goods and services. The credit is designed to alleviate financial pressure and promote affordability across Canada.
Key Features:
- Tax-Free: The credit does not count as income and won’t affect other benefits.
- Automatic Assessment: No separate application is needed; eligibility is determined through your annual tax return.
- Quarterly Payments: Issued in January, April, July, and October each year.
Eligibility Criteria
To qualify for the GST/HST credit, you must meet the following conditions:
- Residency: Be a resident of Canada for income tax purposes at the beginning of the month in which the CRA makes a payment.
- Age: Be at least 19 years old. If under 19, you must have (or had) a spouse or common-law partner, or be (or have been) a parent and live (or have lived) with your child.
- Tax Filing: File your income tax return for the previous year, even if you have no income to report.
Your adjusted family net income must be below a certain threshold, which varies depending on your marital status and number of children. For instance, a single individual with an income below approximately $54,704 may be eligible.
How Much Can You Receive?
The amount of the GST/HST credit you receive depends on your family situation and income. For the payment period from July 2024 to June 2025, based on your 2023 tax return, the maximum annual amounts are:
- $519 if you’re single.
- $680 if you’re married or have a common-law partner.
- $179 for each child under 19 years of age.
These amounts are divided into quarterly payments, so, for example, a single individual could receive up to $129.75 every three months.
Payment Schedule
The GST/HST credit is issued quarterly. For the 2024-2025 payment period, the dates are:
- January 3, 2025
- April 4, 2025
- July 5, 2025
- October 3, 2025
Ensure your direct deposit information and mailing address are up to date with the CRA to receive your payment promptly.
How to Claim the GST/HST Credit
For most Canadians, no separate application is necessary. Simply file your annual income tax return, and the CRA will automatically assess your eligibility.
Newcomers to Canada:
- With Children: Complete Form RC66, Canada Child Benefits Application.
- Without Children: Complete Form RC151, GST/HST Credit Application for Individuals Who Become Residents of Canada.
Submit the appropriate form to your local tax centre to be considered for the credit.
GST/HST Credit Overview
| Category | Details |
|---|---|
| Benefit Name | GST/HST Credit |
| Administering Agency | Canada Revenue Agency (CRA) |
| Next Payment Date | July 5, 2025 |
| Payment Frequency | Quarterly (January, April, July, October) |
| Maximum Annual Amount | $519 (single), $680 (couple), $179 per child |
| Eligibility | Based on 2023 tax return and income thresholds |
| Application Needed | No, issued automatically upon tax filing |
| Taxable? | No, it is a tax-free benefit |
The upcoming GST/HST credit payment on July 5, 2025, offers valuable financial support to eligible Canadians.
By understanding the eligibility criteria and ensuring your tax filings and personal information are up to date, you can seamlessly receive this benefit. Stay informed and proactive to make the most of the assistance available to you.
FAQs
Do I need to apply for the GST/HST credit every year?
No. As long as you file your annual income tax return, the CRA will automatically assess your eligibility for the GST/HST credit each year.
What should I do if I don’t receive my payment on the scheduled date?
First, check your CRA My Account to ensure your direct deposit and mailing information are current. If everything is accurate and you still haven’t received your payment, contact the CRA directly for assistance.
Will the GST/HST credit affect my other government benefits?
No. The GST/HST credit is a non-taxable benefit and does not count as income, so it won’t impact your eligibility for other government programs.