GST Payments dates 2022: The GST/HST credit may be a tax-free payment that’s paid out quarterly to eligible individuals.
Good and Services Tax (GST) or Harmonized excise (HST) is levied once you get hold of most goods and services in Canada.
To help low-moderate income families offset the burden of this extra taxation, the centre provides a credit that’s paid out quarterly.
The amount of GST/HST credit you receive relies on your income level during the previous taxation year-end and therefore the number of kids you have got.
In this article
GST/HST Payment Dates for 2022
The Canada Revenue Agency paid out the GST/HST credit for 2021 on these dates:
January 5, 2021
April 1, 2021
July 5, 2021
October 5, 2021
GST/HST Payment Dates for 2022
Eligible recipients can expect to receive the GST/HST credit for 2022 on these dates:
January 5, 2022
April 5, 2022
July 5, 2022
October 5, 2022
You can receive your payments via direct deposit to your Canadian checking account. if you’d prefer to view your benefit information and amounts, you’ll be able to do so using the CRA My Account Service.
What is the GST/HST Credit?
The GST may be a federal tax levied on goods and services purchased in Canada.
Some provinces like Ontario, New Brunswick, Newfoundland and Labrador, Edward Island, and Nova Scotia have incorporated the federal GST into their provincial excise tax regime to make the Harmonized nuisance tax (HST).
The GST is 5% and HST (including GST) is as follows:
New Brunswick: 15%
Newfoundland and Labrador: 15%
Nova Scotia: 15%
Prince Edward Island: 15%
Provinces within which GST is collected separately charge their own provincial excise tax (PST) as follows:
British Columbia: 7%
The following provinces and territories don’t have a provincial excise and only the five hundred GST applies:
Who is Eligible for GST/HST Credit?
You may be eligible to receive the GST/HST credit if you meet any of the subsequent criteria:
You are 19 years old or older
You have (or had) a spouse or common-law partner
You are (or were) a parent and live (or lived) along with your child
You must be a Canadian resident for tax purposes and have a social welfare number (SIN) because the govt uses your revenue enhancement return to see whether or not you’re eligible.
Check Out: Social Security payment schedule for 2022
Applying for the GST/HST Credit
Since the 2014 taxation years, CRA automatically determines if you’re eligible for GST/HST credit after you file your annual benefit and legal document.
You do not must have any income to qualify.
Newcomers to Canada who have yet to file an instrument can apply for the GST/HST credit by following the steps below:
If you have got children, complete Form RC66.
If you are doing not have children, complete Form RC151.
Send the finished form to the CRA office in your province.
When you apply for the Canada Child Benefit, you’ll likely automatically receive the GST/HST credit for your child.
If your child’s GST/HST credit has not been added to your household credit, you’ll add them by:
Applying for child benefits through your CRA My Account. you may just add your child’s name, gender, date and place of birth. Or,
Complete Form RC66 and mail it to the Canada Revenue Agency.
How Much GST/HST Credit Will You Get?
The amount of GST/HST credit you receive depends on your individual (or family) earnings and therefore the number of kids under age 19 in your household.
Payments are made on a July to June schedule and are supported by your instrument for the previous year.
For example, for July 2020 to June 2021 payment period, your 2019 legal document is employed (i.e. your income for 2019). For July 2021 to June 2022 payment period, your official document for the 2020 taxation year applies.
If you’re eligible to receive GST/HST credits supported by your 2020 legal instrument, CRA will send you a GST/HST credit notice in July 2021.
How much will you get and what’s the income threshold once you receive nothing?
For July 2021 to June 2022 payment period that’s supported your 2020 net profit, you may receive GST/HST credits when your family income is a smaller amount than:
GST Payments: Income Threshold & Amounts
Family structure Adjusted family earnings
Single person $48,012
A single parent with one child $53,992
A single parent with two children $57,132
A single parent with three children $60,272
A single parent with four children $63,412
Married/common-law couple with no children $50,852
Married/common-law couple with one child $53,992
Married/common-law couple with two children $57,132
Married/common-law couple with three children $60,272
Married/common-law couple with four children $63,412
Amounts using the 2020 Tax Return July 2021 – June 2022
Eligible adult $299
Each child under 19 $157
Equivalent to spouse amount for single parents $299
Supplement for single adults $157
The phase-in threshold for the supplement for single adults without children is $9,686
Phase-out threshold $38,892
Recipients who are single can get on their feet to $456, married couples can get on my feet to $598, plus up to $157 per child under age 19.
CRA has this convenient calculator to estimate your GST/HST credit.
Pro Hint: you would like to file a legal document to qualify for the GST/HST credit. Submit a return whether or not you don’t have any income to report for the year.
if your circumstances change e.g. your legal status or number of youngsters, update your information by contacting the CRA directly or using My Account.
Provincial Programs and GST/HST Credit
The following provincial programs are administered by the CRA in conjunction with GST/HST payments:
BC climate action tax credit
New Brunswick harmonized sales tax credit
Newfoundland and Labrador income supplement
Newfoundland and Labrador senior’s benefit
Nova Scotia affordable living tax credit
Ontario sales tax credit
Prince Edward Island sales tax credit
Saskatchewan low-income tax credit
If you qualify for any of these programs, your benefits are combined with your GST/HST credit payment.
Ontario’s sales tax credit is combined with the Ontario Trillium benefit.