The Canada Revenue Agency administered by the Federal Government authorizes several tax credits and rebates for the welfare of the citizens. Citizens can claim numerous benefits like Canada Child Benefit, Canada Dental Benefit Disability Tax Credit, Canada Workers Benefits, GST/HST credit, and several other provincial or territorial benefits. CRA provides the Goods and Services Tax / Harmonized Sales Tax (GST/HST) credits to eligible taxpayers. The CRA delivers the Canada GST Payment Dates 2024 every three months on a quarterly basis. The GST payment lowers the tax liability of a citizen. To receive these quarterly credits, citizens need to qualify for the eligibility criteria that the CRA has set itself.
Canada GST Payment Dates 2024
Canadian taxpayers can claim the GST/HST credit on their federal income tax returns every year. The Canada GST Payment 2024 is a non-refundable credit that helps citizens lower the taxes that they owe to the federal government. For that, the CRA makes four payments for every three months annually. The credits are made available on every 5th day of January, April, July, and October except for the weekends or bank holidays. As of 2024, three of the four GST/HST credit payments are already disbursed to the eligible claimants. The Canada GST Payment Dates 2024 for the next payment is October 4th, 2024.
A number of factors can affect the GST Payment 2024 of an eligible claimant. Such as the marital status of the taxpayer and the number of children they have are the major factors that CRA uses. Apart from that, the income limit of a citizen may also impact the quarterly GST credit amount in 2024. Hence, all taxpayers must check whether they have qualified for the eligibility requirements. As for the application process, citizens do not need to apply for the GST/HST credit. When filing for federal income tax returns, the CRA will automatically consider the citizens eligible for the credit.
Canada GST Payment Dates 2024 Quick Overview
| Title | Canada GST Payment Dates 2024 |
| Country | Canada |
| Name of the Credit | Goods and Services Credit |
| Department | Canada Revenue Agency |
| Category | Taxation |
| Applicable for | Eligible Canadian Citizens |
| Frequency of the credit | Quarterly |
| Purpose | To lower the tax liability of a taxpayer |
| Year | 2024 |
| Official website | canada.ca |
What is GST/HST Netfile?
The GST/HST Netfile is a service provided by the Canada Revenue Agency to Canadian taxpayers. The GST/HST Netfile allows Canadian taxpayers to file their Goods and Services Taxes / Harmonized Sales tax (GST/HST) returns to the CRA. The CRA provides the online forms for the same through the ‘Ready to File’ page on its official website.
Claimants need to fill out the mandatory information and submit it to the portal. The department later issues the confirmation number easily. The GST/HST Netfile applies to all the residents of Canada except for the citizens who are residing in Quebec. For the residents of Quebec, their GST/HST credits are administered by Revenu Quebec.
Canada GST Payment Amount and Income Limit 2024
The GST/HST amount mostly depends on the income limit of a taxpayer. Apart from that, whether a taxpayer claims the GST Payment 2024 as an individual or with his/her spouse or common-law partner also plays a key role in the credit amount. For the taxpayers who are claiming the GST Payment in 2024, the income limit for them is available in the following table:
| Category | Adjusted family net income |
| Single | $54,704 |
| Single with 1child | $61,504 |
| Single with 2 children | $65,084 |
| Single parent with three children | $68,664 |
| Single parent with four children | $72,244 |
| Married or having a common-law partner | $57,924 |
| Married with one child | $61,504 |
| Married couples while having two children | $65,084 |
| Married couples while having three children | $68,664 |
| Married couples with four children | $72,244 |
The taxpayers need to meet the abovementioned income limits to claim the full GST credit amount on their tax returns. For that, an eligible taxpayer can claim the following credit amount based on their circumstances:
| Category | Payment amount |
| Single | $519 |
| Married or have a common-law partner | $680 |
| For each child under the age of 19 | $179 |
NOTE: The payment information in the above-mentioned table is sourced from the 2023 base year. The payment amount is effective from July 2024 to June 2025.
Eligibility Criteria for the Canada GST Payment 2024
The CRA has set certain eligibility guidelines that a taxpayer will need to qualify to be eligible for the GST/HST Payment 2024. As per the given eligibility criteria by the CRA, taxpayers must meet the following conditions to claim the credit in 2024:
- The citizenship and the permanent residency of a citizen must be Canadian as per the residency rules of the CRA.
- These conditions must apply to the citizens the month before the CRA distributes the credit and at the beginning of the payment month.
- The age of the taxpayer should be at least 19 years or older than that.
- For the citizens who are under 19 years of age, they are required to meet one of the following conditions:
- Have or had a spouse or common-law partner
- An applicant is or was a parent or living or lived with a child.
- Taxpayers who are sharing the custody of the child, the CRA make half of the GST/HST credit to each parent.
For more information, eligible beneficiaries can also visit the official website of the Canada Revenue Agency.
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David has spent Several years reporting on the oil and gas industry, uncovering the latest trends and technological breakthroughs. His expertise in energy markets and passion for sustainable practices make his articles both insightful and forward-thinking. Davis’s in -depth analyses are a staple for professionals seeking to stay ahead in this dynamic field.