Toronto 
Due to high inflation, there has been an increase in both the family income limit and the payment amount for the GST/HST Credit benefit year. As a result, a more significant number of Canadians will now qualify for this credit.
Credit: PiggyBank on Unsplash
Canadian Revenue Agency has released the family income limit and maximum payments eligible Canadians will receive as GST/HST credit for the benefit year 2023-2024.
The GST/HST credit is a quarterly tax-free payment to individuals and families with low and moderate incomes. Its purpose is to help offset the goods and services tax/harmonized sales tax (GST/HST) they pay.
GST/HST credit depends on the annual income and is indexed to inflation, and is paid quarterly in January, April, July, and October, with the benefit year beginning in July.
The payment period spans 12 months, starting from July 1 of the year following the base year and ending on June 30 of the subsequent year.
To determine the credit amount for each payment period, CRA calculates the adjusted family net income subtracting any income received from the Universal Child Care Benefit (UCCB) and Registered Disability Savings Plan (RDSP), and adding back any UCCB and RDSP amounts repaid. It also includes your net income combined with that of your spouse or common-law partner, if applicable.
For the benefit year, July 2023 to June 2024, the income is based on the tax year 2022.
How Much You May Receive:
Canadians with a net family income of less than $42,335 in 2022 will receive the total credit amount.
You could get up to:
- $496 if you are single
- $650 if you are married or have a common-law partner
- $171 for each child under the age of 19
The maximum payment for the 2022-23 benefit year was $467 for singles without children, $612 for married or common-law partners and $161 for each child under 19.
GST/HST credit for Singles/Credit: CRA
GST/HST credit for Married/CommonLaw/ Credit: CRA
Income level limit for GST/HST credit payments – July 2023 to June 2024:
The credit gradually reduces as income increases and is fully phased out at about $52,255 for a single person without children and $62,175 for a couple with two children.
| Family structure | Adjusted family net income |
|---|---|
| Single person | $52,255 |
| Single parent with one child | $58,755 |
| Single parent with two children | $62,175 |
| Single parent with three children | $65,595 |
| Single parent with four children | $69,015 |
| Married/common-law couple with no children | $55,335 |
| Married/common-law couple with one child | $58,755 |
| Married/common-law couple with two children | $62,175 |
| Married/common-law couple with three children | $65,595 |
| Married/common-law couple with four children | $69,015 |
When & How:
Eligible recipients will receive GST Credit automatically, without the need for an application on July 5,
and October 5 in 2023, January and April in 2024.
The payments will be delivered through direct deposit or cheque by the Canada Revenue Agency.
As with other benefits, if you do not receive the payment on July 5th (and on other benefit payment dates), it is advised to wait for ten business days before contacting the CRA.
Eligible Canadians will also receive the one-time Grocery Rebate on July 5th.
how much back pay for gst will i recieve for 2017 up to 2021? AND WHEN WILL I RECIEVE IT IF I FILED FOR IT IN JANUARY 2024?
Ours was a lot less this year, even though our income was the same. It went from $381 to $240. Why?
This gst I only received 377, wth. Usually 657 for me n my daughter.