Canada GST/HST Refund 2024 Dates: Canadian residents are getting tax benefits and tax relief from the Government of Canada according to their annual family income and the number of their family including legal partners, children, etc. Canada GST HST Refund 2024 are of these tax refunds which are provided by the Canada Revenue Agency to the beneficiaries at different intervals. So if you are searching about Canada GST HST Refund 2024 then you can check the information in this article where you will know about the upcoming dates of Canada GST HST Refund 2024 after that, you can get the specific amount according to your eligibility and condition.
The Government of Canada is providing refunds to citizens for their GST and HST Who are earning less than the pre-decided earning cap from the Canada Revenue Agency. It is provided to overcome the financial burden on the citizens so they can take care of their family including their legal spouse and children. The number of refunds will increase according to the number of children. However, the annual family cap for any individual and couple is different so you have to fulfill the eligibility criteria to get a Canada GST/ HST credit refund from the government.
GST HST Refund 2024
According to the official website of the Canada Revenue Agency, beneficiaries receive GST and HST credit in their bank account for times in a year when they receive payment in each quarter. The schedule is started in July month and after that, the next payment is transferred in October, the third quarter payment is transferred in January and the last quarter payment will be sent to the beneficiaries in April. The day 5 is decided to send a refund to the bank account of the beneficiaries in the above months. So you will receive GST / HST credits in the bank account on the fifth day of July, October, January April month for a financial year.
Upcoming GST/ HST refund date of 2024
Since beneficiaries have received the amount of the second quarter on 5 October 2023 for this financial year. The next refund amount of GST and HST is scheduled to be sent on 5 January 2024. So in the first week of the year 2024, you will receive a refund from the government for taking care of your family. So if you have submitted the income tax for this financial year before the last date then you will automatically receive the payment of GST in the bank account in the upcoming month, so there is no need to submit any specific application form to receive the credit amount.
GST/ HST amount 2024
The amount will be decided by the CRA according to the family condition in the latest tax. If you are earning less than 65000 CAD in a financial year at the time of submitting the text then you will receive the benefits of GST/ HST credits in the bank account in each quarter. However, the amount will be decided according to the family structure and your annual income. If you are a single person then you can receive a maximum of 496 CAD each year, however, if legal spouses are living together then they will get a maximum of 650 CAD.
You can receive the minimum credit also according to your category and your financial condition. After that, you can claim HST and GST credits 4 up to maximum for children where you will get 171 CAD for each child either if you are living with a spouse or living alone with your children. So you can easily calculate your credit amount from the CRA under HST and GST refund 2024.
Who will get the Canada GST/HST Refund benefit?
All the citizens in Canada are free to claim GST/ HST if their annual family income is less than 65000 CAD in a financial year. The minimum age of the applicant should be more than 19 years and should have paid tax to CRA for this financial year you will only receive the credit amount according to your family structure which you mentioned at the time of paying the tax. You can further check specific eligibility criteria by visiting the official website of the Canada Revenue Agency to get the maximum benefits of GST HST Refund 2024.