Canada GST/HST Credit Dates May 2024 – Know Amount & Eligibility

The Canada GST/HST Credit is the quarterly payment given to the citizens to allow them to overcome the cost of the taxes which they pay. The payment is being made on the 5th date of each quarter and the payments are from territorial and the provincial programs. The citizens who are eligible for the payment will get the credit transferred automatically to them and the application process must also be checked to know the benefit. The ones entitled to get the benefit shall check the Canada GST/HST Credit Dates May 2024. We have also provided the amount of the credit which the individuals will get. 

Canada GST/HST Credit Dates May 2024

The financial benefits are provided to the citizens with the help of the Canada Revenue Agency and the ones who have filed the tax return will get the benefit of GST/HST Tax Credit which is the reduction in the amount of the taxes paid by them. The Goods and Services Tax and Harmonized Sales Tax is the tax credit which is given every quarter to lessen the burden of taxes upon the families and the single households. The individuals get the payment from the provincial and the territorial programs and it reduces the family pressure of paying the taxes. The payment is transferred automatically to the bank account of the beneficiaries and they need not apply for the payments. 

The amount which each beneficiary will get is different for each of the categories and the Canada GST/HST Credit Eligibility 2024 will decide if you could actually get the tax credit. The payments will be released for each quarter and the quarterly payment will be on 5 July 2024 now. There will be no payment in the month of May 2024 as the citizens have got the payment on 5 April 2024. The payment amount will be $496 in case you are a single taxpayer and the amount will be $650 if you and your spouse are paying the taxes jointly. The given page will tell you all the details on the payment which the eligible taxpayers will get.

Canada GSTHST Credit Dates May 2024

canada.ca GST/HST Credit 2024

The CRA will be giving the tax credit to the eligible ones every quarter and the ones of age 19 years or older will get the benefit. The recent payment was made on 5 April 2024 and now the next payment is expected soon. The beneficiaries shall check the Canada GST/HST Credit Payment Date 2024 from the tabular form we have provided below.

Article Name Canada GST/HST Credit Dates May 2024
Organization Canada Revenue Agency 
Tax name Goods and Services Tax and Harmonized Sales Tax 
Beneficiaries Low income group households 
Benefit Provided Tax benefit is provided to eligible ones 
Age Limit 19 years 
Basis Of Payment Net income and number of children 
Payment frequency Quarterly 
Canada GST/HST Credit Payment Date 20245th day of quarter 
Payment amount$496 for single individual, $650 for married 
Previous Payment 5 April 2024
Next Payment Date 5 July 2024
Post type Finance 
Website canada.ca

There has been no confirmation with the fact that the payment will be provided in May 2024. The payments have been provided on the quarterly basis and are given on the 5th date of every quarter.

Canada GST/HST Credit 2024

  • The Canadian Citizens have to make the payment of the taxes as per their income and sometimes it’s so much that low income families find it difficult.
  • The CRA has decided to provide the GST/HST tax credit which will reduce the income for the individuals and the Canada GST/HST Credit Payment Date 2024 is every quarter.
  • The payment amount will vary as per your family condition and your status.
  • There has been news that the credit was to be provided in May 2024 but there has been confirmation regarding the same.
  • The next due Canada GST HST Credit Date 2024 is expected to be 5 July 2024 as the previous payment was made on 5 April 2024.

Who Is Eligible For Canada GST/HST Credit 2024?

  • The one who has been living in Canada
  • The beneficiary of age 19 years or more and if less than 19 years shall have a spouse or shall be a parent or were living with the child.
  • The income limits are to be met.
  • The parents sharing the custody of the child shall get the equal payments.
  • The ones fulfilling all the benefits will get the payment.

Amount of GST/HST Credit 2024

Family Situation Amount 
Single $496
Married $650
Child Under 19 years $171

Payment Date For GST/HST Credit 2024

Quarter Canada GST/HST Credit Payment Date 2024
15 January 2024
25 April 2024
35 July 2024
45 October 2024

Application For GST/HST Credit 2024

The application as a new resident can be done only if you have not filed the taxes and where you are filing the taxes in that case you need not apply for the benefits.

  • The Form RC66 has to be completed along with the Canada Child Benefit application.
  • If you are not having any child, Form RC151 has to be completed.
  • The form has to be provided through a mail at the registered center. 

Links On Canada GST/HST Credit Dates 2024

Canada GST/HST Tax Credit May 2024GST/HST Payment Dates

FAQs On Canada GST/HST Credit Dates May 2024

Who will get the Canada GST/HST Credit 2024?

The payment of GST/HST will be provided to the recipients filing taxes in canada.

What is the Canada GST/HST Credit Dates May 2024?

There is no date to claim the Canada GST/HST Tax Credit May 2024 as the payment is provided quarterly only.

What is the amount of Canada GST/HST Tax Credit May 2024?

$496 and $650 is provided to the singles and couples respectively.

How to get the Canada GST/HST Tax Credit May 2024?

There is no need for application as an existing taxpayer for the Canada GST/HST Tax Credit May 2024.

Leave a Comment

Editorial Team
Editorial Team at Ptetdcb2020.com is a team of Finance, Monetary, Economy experts Headed by Mr Josh Buck with over 7 years of expertise in International Finance, Funds, Finance, Capital, Commerce & Business News. Ptetdcb2020.com is now the largest free Financial News resource portal.