Canada GST Increase 2024 – GST Increase Date & Eligibility Fact Check

The Canada GST Increase 2024 has been from 8 to 9 percent for the year 2024. The Canada GST Due Date 2024 will be given every quarter and on the 5th date of each quarter. The Canada GST Eligibility 2024 will depict if you will get the benefit or not. The details on the Canada GST Application 2024 can be checked through this post. The individuals will be given the Canada GST/HST Payment Amount 2024 which the citizens will get. Through this post one will get all the updates on the payment which have been provided by the CRA.

Canada GST Increase 2024

The Canada Revenue Agency has been providing the financial benefits to the citizens who are of age 65 years or above. The GST/HST stands for the Goods and Services Tax and the Harmonized Sales Tax which is tax free payment which is given on quarterly basis to the families who belong to the low income group. The tax credit is to be given to the citizens so that they can reduce their tax burden only if they belong to the low income families. The payment from the provincial and territorial programs are included in the GST/HST Payment 2024. The individuals will automatically be eligible for the payment and they need not apply for the same. The Canada GST Due Date 2024 is the 5th date of the quarter month.

The ones who will be covered under the Canada GST Eligibility 2024 will be able to get the payment. The payment to the citizens is given in January, April, July and October. In the year 2022, the GST rate was 7%. CRA GST/HST Increase 2024 to 8% as on 1 January 2023 and now the rate has become 9% as on 1 January 2024. Now the new rate has become 9% which will be applicable from now onwards. The payment amount is $496 if you are a single tax filer. There have been cases when you need not apply for the payment as you will get the same automatically. The ones who are 19 years old and are a resident of Canada will get the GST Increase. Through this article one will get the complete updates on the increase of the GST/HST tax credit.

canada.ca GST/HST Increase 2024

The Canada GST Increase 2024 has been 9% for the year 2024 which was 8% in the year 2023. The tax refund which will be given to the citizens will now be 9% The payment is given on the quarterly basis to the citizens and they have to be eligible to get the payment. 

Article name Canada GST Increase 2024
Organization name Canada Revenue Agency 
Country name Canada 
Tax name Goods and Services Tax / Harmonized Sales Tax
Objective Help low income beneficiaries 
Benefit To give income support 
Canada GST Eligibility 2024Age 19 years or above
Basis of payment Income and number of children 
Canada GST Due Date 2024Quarterly 
GST Rate 9%
Previous GST rate 8%
Canada GST/HST Payment Amount 2024 Mentioned below 
Post type Finance
Website canada.ca
Canada GST Increase 2024

CRA GST/HST Increase 2024

  • The individuals of Canada who belong to the low income groups are eligible to get the payment of GST/HST tax credit.
  • The GST rate has been increased from 8% to 9% as on 1 January 2024.
  • For all the full time payments which have been received, the supply has been for an amount of 9% even if the invoice will be issued next year.
  • The GST rate will be applicable on a quarterly basis to the citizens and the payment will be given on the 5th date of each quarter.
  • The amount which the single tax filers will get is $496 and $650 will be given to the married couples.
  • The Canada GST Eligibility 2024 will decide if you could actually get the payment or not and you shall be of age 19 years or above.

 Canada GST Eligibility 2024

  • Be a citizen of Canada.
  • Age shall be above or equal to 19 years.
  • Income limits shall be met.
  • If age is less than 19 years, you shall have a spouse or common law partner.
  • If the child is living with parents and is of age less than 19 years, they will get the payment.

Canada GST/HST Payment Amount 2024

The table below will guide on the payment amount for the tax credit.

Family details Amount 
Single $496
Married $650
Child of age less than 19 years $171

Canada GST Due Date 2024

Quarter Payment date 
1st 5 April 2024
2nd 5 July 2024
3rd 5 October 2024
4th 5 January 2025

Canada GST Application 2024

A new Canadian Resident has to apply through Form RC66 if they have a child and have to apply for the child and family benefits.

If you are not having a child, you need to fill in form RC151.

Claim GST/HST Credit 2024

  • Open the website canada.ca on your device
  • On the homepage, click on Sign In to My Account
  • Click on Apply for Child Benefits
  • Confirm the contact information, marital status and your Nationality
  • Enter the details for your child
  • Click on submit and you can check the status of the application in My Account services.

Revaluation of GST/HST 2024

  • The following cases if occurs will make the recalculation for the tax credit.
  • Change in family net income
  • Marital status change
  • Number of children increase/decrease
  • Death of any beneficiary.

Links to Check Canada.ca GST Increase 2024

CRA GST/HST Increase 2024GST/HST Credit

FAQs On Canada GST Increase 2024

How much is the Canada.ca GST Increase 2024?

The Canada.ca GST Increase 2024 has been to 9% from 8%

Who falls under the Canada GST Eligibility 2024?

The ones who are of age 19 years or above will be eligible for GST/HST Credit 2024.

How much is Canada GST/HST Payment Amount 2024?

The Canada GST/HST Payment 2024 is $496 for single taxpayers and $650 for married couples.

From where can one check the updates on CRA GST/HST Increase 2024?

The updates on CRA GST/HST Increase 2024 can be checked through canada.ca.

What is Canada GST Due Date 2024?

The Canada GST Due Date 2024 is the 5th date of each quarter.

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