Canada GST Payment is provided to the low- and middle-class income people by the Canada Revenue Agency. Due to increasing inflation, the price of essential goods and services has also gotten higher. To provide more adequate support to the people of Canada,
the CRA has decided to make an increase in the GST payment which will offset the GST/HST they pay. Many eligible people are eagerly waiting for the extra GST payment 2024. So, let’s dive more into the details of this new extra GST payment in the below article.
Canada Extra GST Payment September 2024
Canada GST Payment is a non-taxable payment provided to the low-and moderate-income families across the country. CRA decides the payment amount received by each applicant or family, according to the details mentioned by the beneficiaries in their tax return. This tax payment directly gets transferred into the bank accounts of the eligible people.
In 2024, the Canada Revenue Agency has decided to increase the payment amount of GST to reduce the financial stress of the low- and moderate-income people. If you are a parent or a caretaker of a child who is under 19, then you will be entitled for this extra GST payment.
Highlights of Canada Extra GST Payment 2024
| Title | Canada Extra GST Payment 2024 |
| Country | Canada |
| Department | Canada Revenue Agency |
| Benefit Name | Extra GST Payment |
| Beneficiaries | Eligible Taxpayers |
| Next Payment Date | October 4, 2024 |
| Frequency of Payment | Quarterly (January, April, July, October) |
| Post Category | Finance |
| Official Website | https://www.canada.ca/ |
Eligibility Criteria
People who are looking forward to this extra GST payment have to fulfill these below standards to become eligible for the payment. Please keep in mind the payment is eligible to only those people who file their tax return on time.
- People who are applying for the GST payment benefit must be a resident of Canada.
- Individuals must have filed the benefit return and income tax return of the previous year.
- Applicants must be at least 19 years old.
- If someone is younger than 19 years, then they should satisfy at least one condition-
1) Individuals who have a spouse or common-law partners.
2) Parent of an eligible child.
- An individual’s income must be under the income criteria set by the Canada Revenue Agency.
Amount of GST Payment 2024
The increase in the amount of GST payment will provide extra financial support to the eligible citizens of Canada. The payment amount is based on the details mentioned on the tax return such as number of family members, eligible children, and spouse, if any.
Usually singles receive $496 and married couples or common-law partners receive $650. The Canada Revenue Agency has announced an extra payment of $171 for those who are younger than 19 years old.
| Category | Canada Extra GST Payment 2024 |
| Single Individuals | $496 |
| Couples | $650 |
| People under 19 years old | $171 |
Essential Documents Required
Those individuals who are applying for the first time, need these below documents during the application process. People who are already a beneficiary of GST Payment need not to apply again.
- Birth Certificate
- Passport
- Social Insurance Number (SIN)
- Documents for citizenship of Canada
- Documents issued for refugees and immigrants
- Visitors Record
- Spouse ID or Common-law partner ID
GST Payment Dates 2024
The Canada Revenue Agency schedules the GST payment dates every three months in a year (quarterly). The GST payment is made on the 5th day of the month. Claimants of GST Payment must know about the dates of the benefit. These dates remain the same every year.
| Frequency of Payment | Payment Dates |
| First Payment | January 5, 2024 |
| Second Payment | April 5, 2024 |
| Third Payment | July 5, 2024 |
| Fourth Payment | October 4, 2024 |
All We Know
The Government of Canada is trying to provide more financial support through extra GST payment to the low- and middle- class families, especially those who are younger than 19 years. People who are eligible must check their Canada Extra GST Payment 2024 status on the official portal of Canada Revenue Agency, i.e., Canada.ca.
| Home Page | https://www.easthamptonchamber.com/ |
Those who pay the tax regularly will be automatically included for the GST payment. However, if you cannot see the application status of extra GST payment, then those people have to apply for the GST credit correspondingly.
FAQs of Canada Extra GST Payment 2024
The payment frequency of GST credit is quarterly (4 times in a year).
An amount of $171 is made available by the CRA for those people who are younger than 19 years.
The next GST payment will be made on October 4, 2024
Riya Claire is the Editor-in-Chief of the East Hampton Chamber Portal. She holds a degree in Mass Communication, an MBA in Finance, and a diploma in HR, making her a versatile professional for an online portal