Upcoming GST & HST Payment in 2025: Stay up to date with the upcoming GST/HST credit payment in 2025! Discover important details on payment schedules, eligibility criteria, and tips to maximize your financial benefits.
Next Extra GST & HST Payment
The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) credit is a crucial financial support program for Canadians with low to moderate incomes. Administered by the Canada Revenue Agency (CRA), this tax-free benefit provides quarterly payments to help offset GST and HST expenses on everyday purchases. If you’re anticipating the next GST/HST credit payment in 2025, here’s everything you need to know, including eligibility requirements, payment dates, and how to apply.
Next Extra GST & HST Payment Details
The GST/HST credit plays a significant role in supporting Canadians facing financial difficulties. The upcoming payment is scheduled for January 3, 2025, making it essential to ensure your eligibility and update your details with the CRA. By filing your taxes on time and understanding how the program works, you can maximize your benefits and better manage your finances.
| Aspect | Details |
|---|---|
| Next Payment Date | January 3, 2025 |
| Eligibility | Canadian residents aged 19+ meeting income criteria |
| Payment Frequency | Quarterly (January, April, July, October) |
| Maximum Annual Amount | $519 (singles), $680 (couples), $179 (per child) |
| Application Requirement | Automatic upon tax filing; newcomers must apply via Form RC151 |
| Official Resource | Canada Revenue Agency – GST/HST Credit |
Understanding the GST/HST Credit
The GST/HST credit is a quarterly, tax-free benefit aimed at reducing the financial burden of GST and HST on low-income individuals and families. Introduced in 1991, the program has evolved over time to better reflect the cost of living and provide greater financial inclusivity for various household types.
2025 GST/HST Payment Schedule
For 2025, the CRA has scheduled GST/HST payments on the following dates:
- January 3, 2025
- April 4, 2025
- July 4, 2025
- October 3, 2025
Payments typically occur on the 5th of the month but may be issued earlier if the date falls on a weekend or holiday. This ensures recipients can effectively plan their budgets.
GST/HST Credit Amounts for 2025
The exact payment you receive depends on factors such as family net income, marital status, and the number of dependent children under 19. For the payment period from July 2024 to June 2025, the maximum credit amounts are:
- Single individual: $519 per year
- Married/common-law couples: $680 per year
- Each child under 19: $179 per year per child
Example Calculation
For a family of four (two parents, two children), the total annual GST/HST credit would be:
$680 (couple) + $179 (child 1) + $179 (child 2) = $1,038 annually
Divided into quarterly payments, this family would receive approximately $259.50 per quarter.
Who Qualifies for the GST/HST Credit?
To be eligible for the GST/HST credit, you must meet the following criteria:
Residency
- Must be a Canadian resident for tax purposes.
Age
- Must be at least 19 years old.
- If under 19, you may still qualify if:
- You are or were married/common-law.
- You are or were a parent and live(d) with your child.
Income Threshold
- The credit amount reduces as your income increases.
- The CRA determines eligibility using your tax return.
Tax Filing Requirement
- Filing your annual tax return is mandatory to be considered for the credit, even if you have no income.
How to Apply for the GST/HST Credit
Automatic Enrollment
- Most Canadians are automatically enrolled when they file their tax return.
- Ensure your tax return includes accurate details about marital status, dependents, and residency.
For Newcomers to Canada
- Must apply using Form RC151: GST/HST Credit Application for Individuals Who Become Residents of Canada.
- Submit this form to the CRA along with supporting documents.
Keeping Your Information Updated
To avoid delays or incorrect payments, update your details if:
- Your marital status changes (marriage, divorce, separation).
- You gain or lose dependents.
- You change your address.
How to Update Your Information:
- Use the CRA My Account online portal.
- Call the CRA at 1-800-387-1193.
Frequently Asked Questions (FAQs)
- When is the next GST/HST credit payment?
- The next payment is scheduled for January 3, 2025, with subsequent payments in April, July, and October.
- What if my payment is delayed?
- If you haven’t received your payment within 10 business days, contact the CRA.
- Can I receive the GST/HST credit if I have no income?
- Yes, as long as you meet eligibility requirements and file your tax return.
- Are GST/HST credit payments taxable?
- No, these payments are tax-free and do not need to be reported.
- How can I estimate my GST/HST credit amount?
- Use the CRA’s GST/HST credit calculator online.
Tips to Maximize Your GST/HST Credit
✅ File Your Taxes Early – The CRA bases eligibility and amounts on your tax return. Filing early prevents delays.
✅ Claim All Dependents – Ensure all eligible children under 19 are included on your tax return.
✅ Monitor CRA Updates – Regularly check the CRA website for updates on credit amounts and payment schedules.
✅ Enroll in Direct Deposit – Receive your payments faster and more securely by signing up for direct deposit.
By staying informed and proactive, you can ensure you receive your full GST/HST credit entitlement in 2025, helping to ease your financial burden and improve stability.