The Goods and Services Tax (GST)/Harmonized Sales Tax (HST) credit is a tax-free quarterly payment from the Canadian government designed to support low- and modest-income individuals and families. The next installment is scheduled to hit bank accounts next week, offering timely relief amid rising costs of living.
Who Qualifies for the GST Credit in 2025?
To be eligible for the GST/HST credit, you must be a Canadian resident for income tax purposes and at least 19 years old. Your net family income and number of children significantly influence the amount you receive. For the 2025–2026 payment cycle, CRA uses your 2024 tax return to assess your eligibility. If your family net income is below approximately $49,000 (varies by household), you may qualify.
How Much Can You Expect to Receive?
While the actual amount varies based on your income and family size, an individual with no children can receive up to $519 annually, while a married couple with two children may receive up to $1,211. The upcoming July 2025 installment is one of four payments scheduled for the fiscal year and will reflect any changes in your 2024 income or family situation.
How to Get Your GST Credit Faster
If you’re eligible and have filed your taxes on time, CRA will automatically calculate and deposit your GST credit. To ensure you receive your payment without delay, sign up for direct deposit via your CRA My Account or through your banking institution. Double-check your address and banking details to avoid missed payments or delays.
What to Do If You Don’t Receive It
If you expected a payment and it doesn’t arrive by the scheduled date, don’t panic. CRA advises waiting 10 business days before contacting them. You can also log into your CRA My Account to check your eligibility, payment history, or see if there’s an issue with your tax return processing.
Conclusion: The next GST credit payment is around the corner, and for many Canadians, it provides welcome financial breathing room. By keeping your tax filings updated and ensuring your CRA account is active and accurate, you can receive your funds promptly. This government benefit may be small, but for those managing tight budgets, it’s a vital piece of monthly financial planning.
Disclaimer: This article is for informational purposes only and should not be considered financial or tax advice. Please consult the CRA or a certified tax expert for specific guidance regarding your eligibility.
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