Canada GST Increase 2024, Eligibility, Increase Date, Fact Check Canada GST increase 2024 has been in discussion and GST/HST credit is a payment given to the citizens to reduce the amount of taxes they pay. Tax payments are very high, and citizens often deal with it, so CRA has decided to provide GST/HST credit.
Canada GST hike date 2024 is mentioned in this article but there is still no hike as the payment is due in July 2024. GST/HST Tax Credit Eligibility 2024 will tell you who can get the payment. Now you must read this article below to know the complete details about GST hike.
Canada GST Overview 2024
| Organization | Canada Revenue Agency (CRA) |
| Post Name | Canada GST Increase 2024 |
| Who gets it | Low income families paying taxes |
| Tax Credit | GST/HST Tax Credit (Goods and Services Tax and Harmonized Sales Tax) |
| Benefit of tax credit | To reduce the taxes |
| Payment on | Quarter month’s 5th date |
| Country | Canada |
| Payment Date | 4 October 2024 |
| Payment amount | $519 and $680 for singles and married respectively |
| Payment on | Quarter month’s 5th date |
| Frequency of benefit | Quarterly |
| Eligible age | 19 years or more |
| Payment basis | Net income and total number of children |
| Category | Finance |
| Website | canada.ca |
What Is The Canada GST Tax Credit Eligibility 2024?
All citizens must fulfill the given conditions to get the payment.
- First of all, you must be a native of Canada.
- After that, your age should be 19 years or above.
- All citizens must pay taxes on time.
- If you are sharing the custody of the child, then you will get the payment on a shared basis.
- All citizens have to keep in mind that their income should not exceed the limit.
What Is The Canada GST Increase Amount 2024?
| Family Situation | Amount |
| Single | $519 |
| Married | $680 |
| Child Under 19 years | $179 |
Canada GST Increase Payment Date 2024
| S.No | Canada GST Increase Dates November 2024 |
| 1 | 5 January 2024 |
| 2 | 5 April 2024 |
| 3 | 5 July 2024 |
| 4 | 4 October 2024 |
Important Links
| Official Website | Click Here |
| Homepage | Click Here |