The Canadian Government provides multiple benefits to its citizens and to help support them financially, the Government initiated the GST/HST credit payment. This scheme offers quarterly payments to all eligible individuals to help reduce the expenses of taxes such as taxes applied on Goods and Services and Harmonised Sales Tax (HST). The eligibility of an individual depends on age and the amount to be granted is calculated based on the adjusted income of the family in the base year. Lets us check the GST/HST Payment Dates November 2024 in this post.
GST/HST Payment Dates November 2024
The GST/HST financial benefit provided by the Government helps waive off the taxes paid by individuals on their daily living expenses. This benefit tool aims to assist people with low-income or lack the access to resources. In times of inflation with increased prices for living, this benefit provides the individuals the access to basic amenities without any financial constraints. Check out the article below to know more details about the GST/HST Payment Dates November 2024.
Canada.ca GST/HST Benefits 2024- Overview
| Post | GST/HST Payment Dates November 2024 |
| Proposed By | The Government of Canada |
| Country | Canada |
| Benefit Providing Agency | CRA |
| Main Purpose of the Payment | Financial Assistance |
| Eligibility | 19 years old |
| Payout Schedule | January, April, July and October |
| Minimum Payment Amount | $340 per year for singles and $680 for couples |
| Category | Finance |
| Official Website | canada.ca |
GST/HST Benefit Eligibility Criteria 2024
There are several factors to decide whether an individual qualifies for the GST/HST Payment. Some of those are stated below:
- Age – Children aged 19 years and above qualify for the payment.
- For individuals less than 0-18 years, couples or individuals who are residing with their children, qualify for the payment.
- Individuals should be a resident of Canada residing in the country at the time of payment.
Canada GST/HST Benefit Dates 2024
The GST/HST Benefit is the financial assistance granted to individuals who file their taxes without fail. The annual payment of GST/HST credit is credited to the beneficiaries in quarterly payments. These quarterly payments are made after every 3 months in the months of January, April, July and October. The GST/HST Refund Dates In November 2024 are yet to be announced.
GST/HST Benefit Amount 2024
The GST/HST Benefit amount is calculated depending on factors like the number of children, age of children, status of the individuals and the adjusted total income of the family.
The table below illustrates the estimated yearly payment amounts for single individuals according to the official website (canada.ca):
| Adjusted total income of the family | Singles with no children | Singles with one child | Singles with two children |
| Below $11,039 | $340 | $859 | $1038 |
| $20,000 – $40,000 | $519 | $859 | $1038 |
| $ 50,000 | $235.20 | $575.20 | $754.20 |
| $65,000 | $0 | $0 | $4.20 |
The table below illustrates the payment amount for individuals with a spouse or partner:
| Adjusted total family income | Couples with no children | Couples with a single child | Couples with two children |
| $44,234 and Below $44,324 | $680 | $859 | $1038 |
| $45,000 | $646.20 | $825.20 | $1,004.20 |
| $55,000 | $146.20 | $325.20 | $504.20 |
| $65,000 | $0 | $0 | $4.20 |
How to Claim Canada GST/HST Benefit Amount
The individuals can claim the GST/HST Benefit by simply following the steps given below:
- Visit official website (canada.ca)
- LogIn to My Service Canada Account
- Apply for GST/HST benefit
- Provide all required information
- Attach proof of birth
- Fill Form RC151 (only for new residents)
- Submit Application
FAQs Related to GST/HST Payment November 2024
The individuals aged 19 and above qualify to claim the benefit. Individuals aged below 18 years and married or residing with their children also qualify for their payment.
The amount calculated depends on the adjusted net family income and for single individuals with income less than $11,039, they can claim $340 per year.
The beneficiaries are granted the annual payment in quarterly payments in months of January, April, July and October.