GST Payment Dates 2023 – GST/HST Credit Explained

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Many Canadians who pay GST/HST are eligible for the Canada GST/HST credit in 2023. The GST/HST credit is a tax-free payment paid on a quarterly basis.

You don’t have to do anything to apply for credit. In fact, you probably received your checks in the mail, deposited them, and went about your day.

However, if you’re looking for more information about HST and GST payments, including how much you qualify for, when you should expect to receive your refund, or the factors that determine whether or not you’ll receive a credit, you’ve found the right article.

GST Payment Dates for 2023

The CRA said it will pay GST/HST credits for 2023 on the following dates:

  • January 5, 2023
  • April 5, 2023
  • July 5, 2023 (Not Officially Announced)
  • October 5, 2023 (Not Officially Announced)

Note that we use historical dates to predict when GST payments will arrive in late 2023. We will update the article as soon as they are announced.

Additional note, if the 5th of the month falls on a Saturday, Sunday or legal holiday, payment will be made on the business day prior to the 5th.

You can also view your GST/HST payment dates and amounts in your CRA account or using the MyBenefits CRA mobile app.

GST/HST credits are deposited into recipients’ accounts by direct deposit or check.

How much GST credit is available?

How much GST/HST credit is available in 2023?

The maximum credit a taxpayer can expect for a base year is as follows:

  • $467 if you’re single
  • $612 if you are married or in a common-law partnership
  • $161 for each child under 19

However, it is important to understand that the amount of your GST/HST credit is based on several factors. The easiest way to find out how much you’ll get paid is to goUse the CRA’s website and this family benefits calculator.

The amount of credit you receive depends on the following criteria:

The base credit amount, as well as whether or not you are single, married or common-law, and whether or not you have children under 19, will benefit from the HST/GST credit. As you can see, the income range varies.

The government takes into account your net previous year’s income level, or your adjusted family income – theCombined net income of you and your spouse– To determine your overall credit.

The same rules apply if you and your spouse are married or if you are a common-law couple. Single parents are treated differently.

Remember that the government does not put such number of functionsPurchase of sharesinto a TFSA as part of your income limit.

On a side note, it’s important to let them know if your marital status changes, as it may affect your payments.

Although the HST/GST credit depends on your family structure and number of children, it is different from the Canada Child Benefit (CCB). Canada Child Benefits ApplicationHere.

It’s also important to note that there are many factors that can change the amount of credit you receive, including reassessment of your tax return, divorce, a child turning 19, or death.

Information on additional one-time GST credit payment made in November 2022

Due to rising inflationary costs, the Government of Canada provided individuals and households with an additional one-time payment equal to approximately 50% of their annual GST/HST credit amount.

If you are eligible for this payment, you should have received it by November 2022. This is based on your adjusted household net income from 2021.

If you think you’re eligible for this fee but haven’t received it, it’s a good idea to contact the Canada Revenue Agency or visit the CRA GST/HST page to learn more.

Am I eligible for the GST/HST credit?

You must be a Canadian resident with a valid social insurance number to be considered for the credit.

The government will then use your previous years’ tax returns to determine whether or not you qualify.

For example, payments made at the beginning of a calendar year may use prior years’ tax returns as an eligibility requirement. Then, when you file taxes in the current year, that filing is used to determine eligibility.

Unlike a tax-free savings account, where you get your contribution room even if you file income taxes, you must file a tax return to qualify for the GST/HST credit.

This means that even if you have no income in the current year,Still file your taxes so you qualify for the GST/HST credit.

How to Apply for GST/HST Credit

As mentioned at the beginning of the article, the Canada Revenue Agency automatically determines your eligibility when it comes to the GST/HST tax credit.

Therefore, there is no GST/HST application and no date to worry about. All eligible individuals need to do is keep your tax returns current.

What if they pay me more?

If you receive more or your eligibility is reduced by a government recalculation, you may owe the government part or all of your GST/HST credit.

If you’re still getting credits and maybe overpaid, the CRA says they’ll hold all loan payments until you pay off the balance.

If you are ineligible for a GST/HST credit and owe an overpayment or incorrect payment, you must repay the Canada Revenue Agency, or they will deduct it from your tax balance or payment.

Other Additional Schemes for GST/HST Credit

If you’ve noticed that your GST/HST tax credit is higher than what you should be allocated, you may not have actually overpaid.

In fact, you may be eligible for one of these provincial and territorial programs that are paid in conjunction with your GST/HST credit payments:

  • Saskatchewan Low Income Tax Credit
  • Ontario Sales Tax Credit
  • Newfoundland and Labrador Seniors Benefit
  • Newfoundland and Labrador Revenue Sub
  • New Brunswick has harmonized the sales tax credit
  • BC Climate Action Tax Credit
  • Prince Edward Island Sales Tax Credit
  • Nova Scotia Affordable Living Tax Credit

What about provinces without HST?

TheHarmonized Sales Tax (HST)Originally called a mixed sales tax, but implemented by 3 of the 4 Atlantic provinces in the mid-1990s.

This was done in an attempt to link the provincial sales tax with the central governmentsGoods and Services Tax (GST).Many others adopt this unified tax rate, resulting in sales tax rates that vary significantly from province to province.

Let’s look at those provinces firstDon’tHave a harmonized sales tax and charge only 5% GST:

  • North West Territories
  • Nunavut
  • Yukon
  • Alberta

Then, let’s look at the provinces that levy Provincial Sales Tax (BST) and Goods and Services Tax (GST) separately:

  • Manitoba – 7% PST, 5% GST, 12% gross tax
  • Quebec – 9.975% PST, 5% GST, 14.975% Gross Tax
  • British Columbia – 7% PST, 5% GST, 12% gross tax
  • Saskatchewan – 6% PST, 5% GST, 11% gross tax

Finally, let’s combine both their provincial sales tax and goods and services tax to get a harmonized sales tax:

  • Prince Edward Island – 15%
  • Nova Scotia – 15%
  • Newfoundland and Labrador – 15%
  • New Brunswick – 15%
  • Ontario – 13%
GST/HST Credit Payments

Can old GST/HST credit payments be received?

Absolutely. If you haven’t filed your income tax returns yet, it’s a good idea to get them done. A family of three can get more than $3,000 and an individual $1,800 in GST income in the last three years!


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