The GST/HST Credit is a helpful financial benefit provided by the Canadian government to assist low and modest-income households in offsetting the impact of the Goods and Services Tax (GST) and Harmonized Sales Tax (HST). This non-taxable payment is distributed quarterly, but there is no scheduled payment in February 2025. The next GST/HST payment will be issued on April 4, 2025.
In this guide, we will cover the important details, including who qualifies for the GST/HST credit, payment amounts, eligibility criteria, and key dates you should know for 2025.
Canada GST/HST Payment February Dates 2025
- Program Name: GST/HST Credit
- February 2025 Payment: No payment in February 2025. The payment schedule includes quarterly disbursements in January, April, July, and October.
- Next Payment Date: April 4, 2025
- Eligibility: The eligibility is determined automatically upon filing your annual tax return. To qualify, you must be a Canadian resident, meet the age requirements, and have an adjusted family net income below a certain threshold.
How Much Will You Receive?
The amount of GST/HST credit you will receive depends on your family situation and income as stated in your latest tax return. The credit is distributed in four quarterly payments.
Payment Amounts for 2024–2025:
- Single individuals: $496 per year (or $124 per quarter)
- Married or common-law partners: $650 per year (or $162.50 per quarter)
- Each child under 19: $260 per year (or $65 per quarter)
These payments are designed to help individuals and families manage their tax costs.
Who Is Eligible for the GST/HST Credit?
To be eligible for the GST/HST credit, you need to meet the following criteria:
- Residency Requirement: You must be a Canadian resident for tax purposes.
- Age Requirement: You need to be at least 19 years old. However, if you are under 19, you may still qualify if:
- You have or had a spouse/common-law partner.
- You are a parent living with your child.
- Income Requirement: Your adjusted family net income must fall below a specific threshold based on your most recent tax return.
How to Apply for the GST/HST Credit
The GST/HST credit is automatically applied when you file your annual tax return. There is no separate application process. However, if you are a new resident or turning 19 before April 2025, you must file your 2023 tax return to be eligible for the credit, with your first payment starting in July 2024.
Important Factors Affecting Your GST/HST Credit
- Marital Status: Changes in your marital status (marriage, divorce, or separation) can impact your eligibility or payment amount. Be sure to notify the Canada Revenue Agency (CRA) of any changes.
- Number of Children: If you have children under the age of 19, your credit amount will increase. If your custody arrangement changes, keep the CRA updated.
- Income Changes: If your income changes and exceeds the income threshold, you may no longer be eligible for the credit. On the other hand, if your income decreases, you might qualify for a higher credit amount.
How to Receive Payments
The CRA typically issues GST/HST payments through:
- Direct Deposit (recommended for faster payments)
- Mailed Cheque (if no direct deposit is set up)
It’s recommended to set up Direct Deposit through your CRA My Account to ensure you receive payments promptly.
What’s New for 2025?
In response to rising living costs, the Canadian government has announced a one-time GST credit top-up in 2025, which aims to provide additional financial support to low-income households. Additionally, there may be adjustments to income thresholds, allowing more families to qualify for the credit.
Stay updated on the latest developments by regularly checking the official CRA website for news on changes and additional benefits for 2025.
Conclusion
While no payment is scheduled for February 2025, the GST/HST credit remains an essential benefit for eligible Canadians. Make sure to file your tax return on time, keep your information up-to-date, and stay informed about new developments to ensure you receive your payments when due.
For further details on the GST/HST credit, eligibility criteria, or how to apply, visit the official Government of Canada website or the CRA portal.