My Rate Compass
 

GST Payment Dates

Published by My Rate Compass Team | Updated Nov 28, 2020
GST Payment Dates If you landed on this page, you may have searched on Google for GST Payment dates. My Rate Compass will save you time as we’ve outlined the importants dates you should know.”

GST Payment Dates: GST/HST Credit Overview

 

What is the goods and services tax/harmonized sales tax (GST/HST) credit?

 

The goods and services tax/harmonized sales tax (GST/HST) credit is a tax-free quarterly payment that helps individuals and families with low and modest incomes offset all or part of the GST or HST that they pay. It may also include payments from provincial and territorial programs.

 

In Ontario, Nova Scotia, New Brunswick, Prince Edward Island along with Newfoundland and Labrador the GST is blended with the provincial sales tax and it is called the harmonized sales tax (HST).

 

Who is eligible for the GST/HST credit?

  1. You are generally eligible for the GST/HST credit if you are considered a Canadian resident for income tax purposes the month before and at the beginning of the month are the GST Payment dates in which the Canada Revenue Agency makes a payment.

 

You also need to meet one of the following criteria:

 

  • you are at least 19 years old
  • you have (or had) a spouse or common-law partner
  • you are (or were) a parent and live (or lived) with your child
  • Parents in a shared custody situation may be eligible for half of the GST/HST credit for that child. This also applies to any related provincial and territorial credit. Go to Custody arrangements and your benefits for more information.

 

If, however, a child welfare agency is legally, physically, or financially responsible for a child, you are not generally eligible for the GST/HST credit for that child.

 

2020 GST/HST Payment dates

Below are the GST Payment dates when Canada Revenue Agency will pay credits for 2020.

  • January 3, 2020

  • April 3, 2020

  • July 3, 2020

  • October 5, 2020


2021 GST/HST Payment dates

Below are the GST Payment dates when Canada Revenue Agency will pay credits for 2021.


  • January 5, 2021

  • April 1, 2021

  • July 5, 2021

  • October 5, 2021



Ready to find the best credit card for you?

Use our credit card comparison tool

Compare Now


How to apply for the GST/HST credit?

Actually, you do not have to apply for it. The CRA will determine when you file your taxes if you are eligible to receive the GST/HST credit each year, even if you have no income to report.

 

New Canadian residents

New residents of Canada have 2 options to apply for the GST/HST credit:

 

How to Claim the GST/HST credit for your child?

If you applied for the Canada child benefit (CCB) you might already be receiving the child portion of the GST/HST credit.

In case your child has not been register yet you will need to register manually following the steps below:

  1. Complete and sign Form RC66, Canada Child Benefits Application.
  2. Mail the completed form to your tax centre.

 

How much GST/HST credit will you get?

 

In order to determine the amount, please use the Canada Revenue Agency calculator to estimate your GST/HST credit.

 

 

Family income level maximum for GST/HST credit

 

If your family net income amount is equal to or exceeds the amount indicated in the table below, you will not be entitled to a GST/HST credit payment.

 

 

Family structure

Adjusted family net income

Single person

$46,649

Single parent with one child

$52,449

Single parent with two children

$55,509

Single parent with three children

$58,569

Single parent with four children

$61,629

Married/common-law couple with no children

$49,389

Married/common-law couple with one child

$52,449

Married/common-law couple with two children

$55,509

Married/common-law couple with three children

$58,569

Married/common-law couple with four children

$61,629

Ready to find the best credit card for you?

Use our credit card comparison tool

Compare Now

Author Bio

User

My Rate Compass is a Canadian personal finance portal helping consumers make the most informed financial decisions and take control of their finances through financial literacy. We offer tools, articles, and resources to inform, educate, and provide advice on credit cards, mortgages, loans, RSPs, GICs, TFSAs, bank accounts and credit scores.