The Canada Revenue Agency (CRA) is now sending out the second quarterly HST/GST payment beginning on October 5, 2023, to eligible Canadian taxpayers.
The GST/HST credit is a non-taxable amount granted to individuals and families with low and modest incomes four times a year to help balance the goods and services tax and harmonized sales tax (GST/HST) that they pay.
HST/GST Payment Eligibility
If you are a resident of Canada for income tax purposes at the beginning of the month in which the CRA makes a payment, you are entitled to this credit.
You must be at least 19 years old in the month before the CRA makes a quarterly payment.
If you are under the age of 19, you must meet at least one of the following requirements during the same time period:
- You currently have (or previously had) a spouse or common-law partner.
- You are (or were) a parent who lives (or was living) with your child.
How to get GST/HST Credit
To claim the GST/HST credit, as well as any relevant provincial and territorial credits, you must file a tax return for 2022, even if you did not earn any income in that year.
If you are a newcomer to Canada (international student, work permit holder, landed permanent resident), then you can claim the GST/HST credit via one of the below-listed two options:
If you do not have children,
Send Form RC151, GST/HST Credit and Climate Action Incentive Payment Application for Individuals Who Become Residents of Canada, completed for the year you became a tax-paying resident of Canada.
If you have children,
Fill out Form RC66, Canada Child Benefits Application, and send it in to apply for all child and family benefits. To capture your citizenship and residency information, as well as your Statement of Income, you must also fill out Form RC66SCH, Status in Canada and Income Information for the Canada Child Benefits Application.
How much HST/GST payment can you get?
For the 2022 base year (payment period from July 2023 to June 2024), you could receive up to:
$496: If you are a single person
$650: If you are married or have a common-law partner
$171 for each child under the age of 19
How is GST/HST payment calculated?
If the CRA concludes that you are eligible for the GST/HST credit based on your 2022 tax return, you would have received a notification in July 2023.
This notification contains information on how much money you will receive as well as the information needed to determine the amount.
To estimate your GST/HST credit, you can use the official CRA Child and Family Benefits Calculator to see how much you will get.
What are the GST payment dates 2023?
The HST/GST payment is calculated using information from your 2022 tax return.
The CRA is paying these four quarterly payments on the below-listed dates:
July 5, 2023
October 5, 2023
January 5, 2023
April 5, 2024
When the fifth falls on a Saturday, Sunday, or a federal statutory holiday, the payment is made on the last business day preceding the fifth.
If you don’t receive your payment within the 10 working days around the 5th of above listed schedule, then you can call CRA at 1-800-387-1193.
When does GST come out in October 2023?
Next GST payment is going out on October 5, 2023. Eligible individuals can receive up to $496, couples can get $650 and an additional $171 if they have children.
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