The GST/HST Tax Credit is the quarterly payment given to the citizens of Canada which helps them to reduce the rate of the taxes which you have been paying. The payment is being made from the territorial and provincial programs and GST/HST Payment Dates 2024 are on the 5th date of each quarter. The individuals have to check the GST/HST Credit Eligibility 2024 in order to know if they are entitled for this benefit and the ones who qualify will have the payment directly transferred to their accounts. You must check the GST/HST Credit Amount 2024 which you are being qualified to get. This article will help you get the necessary details on the dates on which you will be given your GST/HST Tax Credit.
GST/HST Payment Dates 2024
The people living in Canada are given the financial benefits through the Canada Revenue Agency and the benefits are also given to those who have been filing their tax returns on time. The GST-HST Goods and Services Tax and Harmonized Sales Tax is the tax credit given on the quarterly basis to all the recipients in order to reduce their financial burden and to help them get a reduction in the amount of the taxes. Both the families and single households will be benefited through this payment and you will be able to get it through the provincial and territorial programs. If you are found eligible, the amount will be credited to the accounts directly and there is no need for any sort of application for the same.
The amount which you will be given is as per your GST/HST Credit Eligibility 2024 and the amount will be given as per your category. The payment is given on the 5th date of the quarter and this payment is said to be given in October 2024 now. The amount which you will be given as a single beneficiary is $519 and the married couple is entitled to get $680. The given article will guide you the best regarding the exact date to get this benefit and how much you are qualified to get. These are just the reduction in the taxes you have been paying and nothing more to be given through these payments.
canada.ca GST/HST Tax Credit 2024
The CRA has been helping the citizens with the quarterly payment and this is given to all those aged 19 years or more and the payment was released on 5 July 2024 recently. Now the next GST/HST Payment Dates 2024 are in October and January. The amount of benefit you will get has been increased now and new rates will be applicable to the beneficiaries.
| Post Title | GST/HST Payment Dates 2024 |
| Organization | CRA-Canada Revenue Agency |
| Tax name | GST/HST- Goods and Services Tax and Harmonized Sales Tax |
| Beneficiaries | Low income families |
| Benefit Provided | Reduction of taxes which you owe |
| Age Limit | 19 years or more |
| Basis Of Payment | Net income and total children you have |
| Frequency of benefit | Quarterly |
| GST/HST Payment Dates 2024 | 5th day of quarter |
| Payment amount | $519 for single individual, $680 for married |
| Previous Payment | 5 July 2024 |
| Next Payment Date | 4 October 2024 |
| Post type | Finance |
| Website | canada.ca |
What Is GST/HST Tax Credit 2024?
- The tax payment is needed to be paid by all the citizens who have some income and the beneficiaries feel that these payments of taxes are very high and they can’t afford it.
- For those citizens with low income, the CRA has released the GST/HST Tax Credit 2024 in order to reduce the amount of the taxes which has to be paid.
- The amount of GST/HST Tax Credit has been increased and these payments are given only during each quarter and the payment is said to be given on 4 October 2024.
- The ones who are new residents have to apply for Form RC151 in order to get the tax credit and the ones who are already paying taxes need not further apply for these payments.
What Is GST/HST Credit Eligibility 2024?
- Those who live in Canada are eligible for the benefit of GST/HST Tax Credit.
- The ones who are aged 19 years or above will be given the benefit.
- The income limits of all the beneficiaries have to be met to qualify for the payment.
- The ones who are sharing custody of the child will get the amount on a sharing basis.
- If you meet all the limits, you will be qualified for this payment.
How Much Is GST/HST Credit Amount 2024?
The benefit to the citizens will be given on the basis of the net income and the family’s situation.
| Family Situation | Amount |
| Single | $519 |
| Married | $680 |
| Child Under 19 years | $179 |
What Is GST/HST Payment Dates 2024?
The payment to the citizens is being made on the quarterly basis and each of the beneficiaries will get the amount on the 5th date of each quarter.
| Quarter | Payment date |
| 1 | 5 January 2024 |
| 2 | 5 April 2024 |
| 3 | 5 July 2024 |
| 4 | 4 October 2024 |
How To Apply For GST/HST Payment 2024?
The ones who are already making the tax payments need not apply to get the benefit of GST/HST and the ones who are the new residents will have to complete Form RC151 to get the payment.
FAQs On GST/HST Payment Dates 2024
It is the quarterly amount paid to the residents in order to leesen their tax burden.
The benefit can be credited for the amount of $519 to the singles and $680 to couples.
The payment is to be given on 4 October 2024 for the last quarter.