In Canada, Goods and Services Tax credit is a quarterly non taxable benefit which is designed to assist the individuals who have lower income and offset the GST. As the 2023 base year is going to conclude in June 2025, various discussions have emerged regarding GST Increase 2025 for the base year 2024 which will commence in July 2025. The official figures for the upcoming period have yet to be announced and here we will see what the new speculated amounts, 2024 base year payment dates, eligibility and more.
GST Increase 2025
The GST credit serves as a financial relief mechanism for qualified Canadians who aim to reduce the burden of taxes. This GST Credit payment is administered by CRA and the credit is automatically calculated based on the information in the annual tax returns. The Canada GST Increase 2025 represents the raise that can be seen in this credit payment from July 2025 as the new tax year will start from July 2025 to June 2026. For this period, the new amounts will be issued as per the inflation.
Canada GST Credit Raise 2025 – Highlights
| Announcement | GST Increase 2025 |
| Country | Canada |
| Year | 2025 |
| Payment Details | GST Tax Credit |
| Administering Body | Service Canada or CRA |
| Canada Goods & Services Tax Credit Eligibility 2025 | Qualified Canadians from age 19 years |
| Frequency of GST Tax Credit | Quarterly |
| Purpose | Offset GST paid by low income residents |
| Inflation Adjustment | In July Each Year |
| GST Credit Amounts 2025 | See this Guide |
| Current Tax Year | 2023 (July 2024 – June 2025) |
| Upcoming Tax Year | 2024 ( July 2025 – June 2026) |
| Canada.ca GST Credit Payment Dates 2025 | See this Post |
| Category of the Post | Finance |
| Official Web Page | www.canada.ca |
Canada Goods & Services Tax Credit Eligibility 2025
- The residents of Canada for Income tax purpose
- 19 years or 19 + aged residents.
- If under 19 years, then must have a spouse or legal partner or a parent who lives with the child.
- Files the annual tax return.
GST Credit Amounts 2025
For the payment period July 2024 – June 2025, the maximum GST credit amounts are as follows:
- Single Individuals: Up to $519
- Married or Common Law Couples: Up to $680
- Per Child Under 19 Years: Up to $179
These are the maximum amounts that each qualified person can get but the actual amount depends on adjusted family net earnings. If AFNI raises then the tax credit amount will be reduced. As of now, the CRA has not released the updated GST credit amounts for the 2024 base year which begins in July 2025. Historically these amounts are adjusted annually to account for inflation and soon till June 2025, the new amounts will be released. Beneficiaries are advised to monitor official communications from CRA for the latest information.
Canada.ca GST Credit Payment Dates 2025
The Goods and services tax Credit is disbursed quarterly. The 2023 base year covers July 2024 – June 2025 payment, the scheduled payment dates are:
- 5th July 2024
- 4th October 2024
- 3rd January, 2025
- 4th April, 2025
For the 2024 base year, covering July 2025 – June 2026, the scheduled payments are:
- 4th July, 2025
- 3rd October, 2025
- 5th January, 2026
- 3rd April, 2026
Fact Check: Canada GST Credit Increase 2025
It’s reliable that from July 2025, the GST credit amounts will be adjusted. But as of now, there have been no formal announcements for the exact GST credit amounts for the 2024 base year. Soon till June 2025, the new amounts will be announced by the CRA and updated on the CRA portal. The provided update on this GST Credit payment is fully reliable and more updates for the same can be seen from Canada.ca portal.
FAQ Related To GST Increase 2025
Yes, the Goods and Services Tax credit will be raised in 2025, anticipating the first raised payment in July 2025.
The CRA typically announces the updated credit amounts till June 2025, prior to the commencement of new tax year in July 2025.
No, filing a tax return is mandatory to be considered for the GST credit payment.
The GST credit updated amounts and the payment schedule for the 2024 base year can be checked via Canada.ca page of CRA.
Service Canada provides maximum GST Credit amounts as per the inflation. But from individual to individual, the CRA calculates the amounts as per the tax return information like total earnings, marital status, number of children and more.
