The second Goods and Services Tax (GST) and Harmonized Sales Tax (HST) credit payment for 2025 is scheduled for tomorrow, April 4, 2025. This tax-free quarterly benefit aims to assist individuals and families with low and modest incomes by offsetting the GST or HST they’ve paid. Let’s explore the eligibility criteria, potential payment amounts, and the application process to ensure you’re well-prepared.
KEY TAKEAWAY BOX
- Payment Date: April 4, 2025
- Eligibility: Canadian residents aged 19+ or those meeting specific conditions
- Payment Amounts: Up to $519 for singles; additional amounts for families
- Application: Automatic upon filing your tax return; newcomers may need to apply
- Official Resources: Canada.ca – GST/HST Credit Overview
Understanding the GST/HST Credit
The GST/HST credit is a tax-free quarterly payment designed to help individuals and families with low and modest incomes offset the GST or HST they pay. It’s automatically assessed when you file your annual tax return.
Eligibility Criteria
To qualify for the GST/HST credit, you must meet the following conditions:
- Age Requirement: Be at least 19 years old.
- Residency: Be a resident of Canada for income tax purposes in the month before and at the beginning of the month in which the CRA makes a payment.
- Exceptions for Under 19: If under 19, you may qualify if you have (or had) a spouse or common-law partner, or if you’re a parent and live (or lived) with your child.
Payment Amounts
The amount you receive depends on your adjusted family net income and the number of children under 19 you have. For the 2024-2025 benefit year:
- Single Individuals:
- Base amount of $519.
- Additional $179 for each child under 19.
- Married or Common-Law Couples:
- Base amount of $680.
- Additional $179 for each child under 19.
These amounts are reduced as your adjusted family net income exceeds certain thresholds.
Provincial and Territorial Credits
In addition to the federal GST/HST credit, some provinces and territories offer additional credits:
| Province/Territory | Additional Credit | Maximum Quarterly Amount | |
|---|---|---|---|
| New Brunswick | New Brunswick Harmonized Sales Tax Credit | $75 for singles; $75 for spouse/common-law partner or first child; $25 for each additional child | |
| Newfoundland & Labrador | Newfoundland and Labrador Income Supplement, Disability Amount, Seniors’ Benefit | Up to $566.75 combined for eligible individuals | |
| Nova Scotia | Nova Scotia Affordable Living Tax Credit | $63.75 for individuals or couples; $15 per child | |
| Prince Edward Island | Prince Edward Island Sales Tax Credit | $41.25 for individuals; $13.75 for spouse/common-law partner or eligible dependant | |
| Saskatchewan | Saskatchewan Low-Income Tax Credit | $99.50 for individuals; $99.50 for spouse/common-law partner or eligible dependant; $39.25 per child (up to two children) |
These credits are automatically included in your quarterly GST/HST credit payment.
How to Apply
For most individuals, no application is necessary. The Canada Revenue Agency (CRA) automatically determines your eligibility when you file your annual tax return. However, newcomers to Canada should complete Form RC151, “GST/HST Credit and Canada Carbon Rebate Application for Individuals Who Become Residents of Canada,” and submit it to their tax centre.
Payment Dates
The GST/HST credit payments for 2025 are scheduled as follows:
- January 3, 2025
- April 4, 2025
- July 4, 2025
- October 3, 2025
Payments are made via direct deposit or cheque.
Frequently Asked Questions
When are the next GST/HST payment dates in 2025?
The remaining payment dates for 2025 are July 4 and October 3.
Am I eligible for the GST/HST credit payment?
Eligibility requires being a Canadian resident aged 19 or older, or meeting specific conditions if under 19.
How do I apply for the GST/HST credit?
Filing your annual tax return typically suffices. New residents should submit Form RC151.
How much could I receive from the GST/HST credit?
Amounts vary based on income and family size, with up to $519 for singles and additional amounts for families.
What if my marital status changes?
Inform the CRA promptly to ensure accurate calculation of your benefits.
With the second 2025 GST/HST payment arriving soon, now is the perfect time to make sure you’re set up to receive what you’re owed. Stay informed, stay ahead, and keep hustling!
For more personal finance tips and updates, visit HustleHub 🚀
