Â鶹´«Ã½

Skip to main content

Tax rebate: Canadians with low to modest incomes to receive payment

Canadian $20 and $50 bills are shown in a display case at the Bank of Canada Museum in Ottawa, on Wednesday, Sept. 4, 2024. (THE CANADIAN PRESS/Justin Tang Canadian $20 and $50 bills are shown in a display case at the Bank of Canada Museum in Ottawa, on Wednesday, Sept. 4, 2024. (THE CANADIAN PRESS/Justin Tang
Share

Canadians who are eligible for a GST/HST tax credit can expect to receive their final payment of the year on Friday.

The goods and services tax/harmonized sales tax (GST/HST) credit is meant to help offset taxes paid by individuals and families with low to modest incomes.

Eligible Canadian citizens and residents can get up to $519 for the year if they are single, $680 if they are married or have a common-law partner, and an additional $179 for each child under the age of 19, according to the (CRA).

You are automatically considered for the GST/HST credit when you file your taxes. Eligibility depends in part on family net income and number of children, and is outlined in and this CTVNews.ca article.

Married parents with one child, for example, will need to make $60,000 or less to get a tax credit while a single person without children would need to make $50,000 or less.

The tax rebates are sent out quarterly in January, April, July and October. After the Oct. 4 payment, the next one is scheduled for Jan. 3, 2025.

Payments received between July 2024 and June 2025 are based on income in the 2023 tax year. Those who haven't signed up for direct deposits from the CRA may have to wait for a paper cheque.

With files from CTVNews.ca Journalist Dorcas Marfo

CTVNews.ca Top Stories

Canadian musician Jacob Hoggard has been found not guilty of sexually assaulting a young woman in northeastern Ontario eight years ago. The former Hedley frontman had pleaded not guilty to sexual assault.

Police have arrested a Toronto woman in connection with three recent homicides and investigators say that they believe two of the victims may have been 'randomly targeted.'

The body of a British Columbia mountain climber has been located and recovered after the 39-year-old man was reported missing during a solo climb on Washington state's Mount Baker earlier this week.

A teen charged with the murder of another teen on Prince Edward Island last year has pleaded guilty to a lesser charge of manslaughter.

A Saskatchewan man living in the United States has pleaded guilty to possessing child pornography after he unknowingly provided disturbing videos to an FBI agent he thought was a pedophile.

Local Spotlight

Chantal Kreviazuk is set to return to Winnipeg to mark a major milestone in her illustrious musical career.

From the beaches of Cannes to the bustling streets of New York City, a new film by a trio of Manitoba directors has toured the international film festival circuit to much pomp and circumstance.

A husband and wife have been on the road trip of a lifetime and have decided to stop in Saskatchewan for the winter.

The grave of a previously unknown Canadian soldier has been identified as a man from Hayfield, Man. who fought in the First World War.

A group of classic car enthusiasts donated hundreds of blankets to nursing homes in Nova Scotia.

Moving into the second week of October, the eastern half of Canada can expect some brisker fall air to break down from the north

What does New Westminster's təməsew̓txʷ Aquatic and Community Centre have in common with a historic 68,000-seat stadium in Beijing, an NFL stadium and the aquatics venue for the Paris Olympics? They've all been named among the world's most beautiful sports venues for 2024.

The last living member of the legendary Vancouver Asahi baseball team, Kaye Kaminishi, died on Saturday, Sept. 28, surrounded by family. He was 102 years old.

New data from Greater Vancouver and the Fraser Valley shows a surge in supply and drop in demand in the region's historically hot real estate market.

Stay Connected