The Canadian Government commits to provide financial security to its citizens. So, the Government came with the GST/HST Refund scheme. As taxes are applied to all goods and services purchased by the individuals, this benefit aims to provide refunds to the individuals for all GST/HST paid by them on particualr Canada GST/HST Refund Dates 2024. These Canada GST/HST Refund Amount 2024 aim to alleviate financial burden off the individuals and their families. This enables waive off the burden of taxes that the individuals face in today’s economic climate.
Canada GST/HST Refund Dates 2024
As businesses and other organizations are paying high taxes for the goods and services, this benefit also enables them to claim their refunds for the amount of GST/HST paid by them. The eligibility to claim the refund amounts depends on factors like age, residential status, marital status, average income of the individual and their family. All eligible individuals can then apply for the refunds. The annual refund amounts are granted to the beneficiaries after every 3 months. The payments are credited in January, April, July and October. Check out the article below to know more about eligibility, GST/HST Refund Dates In November 2024 and payment amounts.
Canada GST/HST Benefits 2024 – Overview
Post | GST/HST Refund Dates 2024 |
Proposed By | The Government of Canada |
Country | Canada |
Benefit Providing Agency | CRA |
Main Purpose of the Payment | Financial Assistance |
Eligibility | 19 years |
Payout Frequency | Quarterly |
Payment Amount | Check below |
Post Type | Finance |
Official Website | canada.ca |
GST/HST Refund Eligibility 2024
The citizens can claim the GST/HST refund by qualifying the eligibility criteria given below:
- Age – 19 years
- Individual should be a resident of Canada
- Individuals should pay taxes regularly
- Individuals should have no criminal record against them for at least a period of 3 months
GST/HST Payment Schedule 2024
The annual GST/HST refunds are granted to the eligible individuals in quarterly payments. These payments are credited after every 3 months. The payout schedule for 2024-2025 is given below:
Month of Payment | GST/HST Payment Date 2024 |
October 2024 | 4th October, 2024 |
January 2025 | 3rd January, 2025 |
April 2025 | 4th April, 2025 |
However, if any of the payment dates tend to fall on a day off, the payments are then credited on a business day prior to the payment date.
GST/HST Refund Amount 2024
The individuals are granted quarterly payments for the GST/HST credit and the benefit amount depends on the status of the individual. The table below provides the Canada GST Increase 2024:
Status of Individual | GST/HST Payment Amount 2024 |
Children 0-18 years of age | $179 |
Single Individual | $519 |
Couples | $680 |
These payment amounts are calculated again based on the change in marital status of an individual, death of a loved one etc.
GST/HST Refund – Fact Check
The GST/HST refund is the annual amount that is paid quarterly to all eligible individuals to help support them financially. This benefit helps them recover all the GST/HST tax paid for certain goods and services. As a result of inflation, the living expenses have skyed and this extra injection of funds helps support the individuals . The payments were paid on 4th October 2024 and next payment is to be received by individuals on 3rd January 2025. According to the official website, the benefit amount is confirmed to be paid. However, in case of any amendments the beneficiaries are advised to rely on information provided by the official sources only.
How to Claim GST/HST Refund
The GST/HST refund can be claimed by following the guide given below:
- Visit official website (canada.ca)
- Create a My Service Canada Account
- Apply for GST/HST Credit
- Provide SIN and other relevant details
- Attach proof of address and birth etc
- Submit Application
Newcomers in the country need to fill RC151 Form to be able to claim the GST/HST refund.
FAQs Related to Canada GST/HSTRefund Dates 2024
No, such an individual does not qualify to claim the benefit.
The amount depends on the status of the individuals. Single individuals can claim up to $519.
The annual GST/HST refund is credited in quarterly payments, after every 3 months to the beneficiaries.
The GST/HST refund is granted in January, April, July and October. The next payment will be granted on 3rd January 2025.