Canadian residents eligible for the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit can expect a payment on July 4, 2025, as part of the updated payment schedule for 2025–2026. This payment will also reflect an increase in credit amounts, providing additional financial relief to low- and modest-income families.
The GST/HST credit is a tax-free quarterly payment provided by the Canada Revenue Agency (CRA) to help offset the sales taxes Canadians pay on everyday goods and services. For the 2025–2026 period, payments will be issued on the following dates: January 3, April 4, July 4, and October 3, 2025. Additional payments between October 2025 and June 2026 will be based on income reported in the 2024 tax return.
To qualify for the GST/HST credit, individuals must be Canadian residents for tax purposes, at least 19 years old (or meet specific conditions if under 19), and file their federal tax return annually. Newcomers to Canada must complete additional forms to apply for the credit, which will be processed by the CRA.
The payment amounts are calculated based on annual net income, spousal income (if applicable), the number of children under 18, and eligibility for Canada Child Benefits. For the current cycle, the maximum annual credit amounts are $519 for single individuals, $680 for married or common-law couples, and $179 for each child under 18.
Payments are deposited directly into bank accounts for those with direct deposit set up, or mailed as cheques otherwise. If the total annual credit is less than $50 per quarter, the CRA issues it as a lump sum in July. If a payment is late, recipients can check their CRA My Account, update their information, or contact the CRA directly for assistance.
It’s important to note that filing a tax return is essential to receive the GST/HST credit, even for those who meet eligibility criteria. The CRA also sends an annual notice in July outlining payment details for the upcoming year.
For more details on the updated GST/HST payment schedule and eligibility, visit the source link.
The GST/HST credit amounts for the 2025–2026 period are calculated based on the information from the 2024 tax return for payments made between October 2025 and June 2026. This ensures that the payments reflect the most recent income data available. The CRA uses a detailed formula to determine the exact payment amounts, taking into account the individual’s or family’s financial situation from the previous year.
For newcomers to Canada, the process of applying for the GST/HST credit involves completing specific forms. Once these forms are submitted and processed, the CRA will send a notice confirming eligibility and outlining the payment details. This notice will also include the payment schedule for the upcoming year, ensuring that newcomers are informed about when they can expect their payments.
It’s important for recipients to understand that the GST/HST credit is subject to change based on income fluctuations. If an individual’s income increases or decreases significantly, it may affect the amount they receive in future payment cycles. The CRA encourages recipients to review their eligibility annually and update their information if necessary to ensure they continue receiving the correct payment amounts.
Additionally, the CRA offers resources and support for those who need assistance with their GST/HST credit application or payment-related inquiries. Recipients can access detailed information through the CRA website or by contacting their local tax services office. This ensures that all eligible individuals, including newcomers and long-term residents, can navigate the process smoothly and make the most of the financial relief provided by the GST/HST credit.
Conclusion
The GST/HST credit is a valuable tax-free payment provided by the Canada Revenue Agency (CRA) to help Canadian residents offset the sales taxes they pay on everyday goods and services. With updated payment dates for the 2025–2026 period, eligible individuals and families can expect financial relief through quarterly payments starting on January 3, 2025. The credit amounts are calculated based on income, family size, and other eligibility factors, making it especially beneficial for low- and modest-income households.
It’s essential for all eligible individuals, including newcomers to Canada, to file their federal tax returns annually to receive this credit. The CRA also provides resources and support to help recipients navigate the process and ensure they receive the correct payment amounts. By staying informed and updating their information as needed, Canadians can make the most of this financial relief program.
Frequently Asked Questions
What are the GST/HST credit payment dates for 2025–2026?
The payment dates for the 2025–2026 period are January 3, April 4, July 4, and October 3, 2025. Additional payments between October 2025 and June 2026 will be based on the income reported in the 2024 tax return.
Who is eligible for the GST/HST credit?
To be eligible, individuals must be Canadian residents for tax purposes, at least 19 years old (or meet specific conditions if under 19), and file their federal tax return annually. Newcomers to Canada must complete additional forms to apply for the credit.
How do newcomers to Canada apply for the GST/HST credit?
Newcomers must complete specific forms as part of their tax application. Once processed, the CRA will send a notice confirming eligibility and outlining payment details, including the payment schedule for the upcoming year.
How are GST/HST credit amounts calculated?
The amounts are calculated based on annual net income, spousal income (if applicable), the number of children under 18, and eligibility for Canada Child Benefits. For the 2025–2026 period, the maximum annual credit amounts are $519 for single individuals, $680 for married or common-law couples, and $179 for each child under 18.
What should I do if my GST/HST payment is late?
If a payment is late, recipients can check their CRA My Account, update their information, or contact the CRA directly for assistance.
Will changes in income affect my GST/HST credit?
Yes, significant changes in income may affect future payment amounts. Recipients are encouraged to review their eligibility annually and update their information if necessary.
