PSA: Check your CRA account for one-time GST credit (COVID-19 related)

Mar 31st, 2020 8:12 pm

#1

Bratcoin [OP]: Sr. Member; Jun 27, 2017; 543 posts; 744 upvotes; GTA

Mar 31st, 2020 8:12 pm

PSA: Check your CRA account for one-time GST credit (COVID-19 related)

Check your CRA account and you might be eligible receive a one-time credit by early April.

News link here.

Included in the list of benefits, credits and support payments related to COVID-19 is a one-time special payment of the Goods and Services Tax credit.

Individuals will receive amounts close to $400, while couples will get nearly $600. The credit will be made available to low and modest-income Canadians.

You do not have to apply for this credit. If you qualify, you will receive it automatically.

Mods, sorry to have put this in the Hot Deals thread but just wanted to spread the good news faster. Feel free to move it. Thanks!

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Mar 31st, 2020 8:20 pm

#2

198886: Member; Apr 20, 2008; 432 posts; 270 upvotes

Mar 31st, 2020 8:20 pm

You are not entitled to the GST/HST credit based on your net income and family situation.

+5

Mar 31st, 2020 8:20 pm

#3

Redsanta: Deal Addict; Dec 16, 2015; 2707 posts; 2353 upvotes; Technoking

Mar 31st, 2020 8:20 pm

Whats the criteria!!!!???? Im only grtting like $100

To the moon

+1

Mar 31st, 2020 8:22 pm

#4

kennhk: Newbie; Oct 20, 2011; 69 posts; 59 upvotes; TORONTO

Mar 31st, 2020 8:22 pm

Wasn’t eligible. If this indeed an COVID-19 related payment (not a regular GST rebate) I would consider this another FU to the middle class.

+30

Mar 31st, 2020 8:23 pm

#5

redflagdealsguy: Deal Expert; Feb 24, 2018; 18432 posts; 21036 upvotes

Mar 31st, 2020 8:23 pm

I'm guessing this is a no-go for others too, due to disqualification.

Frankly, my focus is on what's in my signature.

Samsung Galaxy S21 Discussion Thread
Unidays Coupon Request Thread

+1

Mar 31st, 2020 8:23 pm

#6

trixstar: Deal Guru; Jun 11, 2005; 13134 posts; 1968 upvotes; Toronto

Mar 31st, 2020 8:23 pm

Not eligible. It actually says I owe $51 for GST. Lol

+12

Mar 31st, 2020 8:24 pm

#7

RiCHC3: Deal Addict; Mar 31, 2007; 4814 posts; 2540 upvotes

Mar 31st, 2020 8:24 pm

$145 for me =/

+1

Mar 31st, 2020 8:25 pm

#8

kanewtz: Deal Addict; Apr 19, 2010; 2895 posts; 1399 upvotes

Mar 31st, 2020 8:25 pm

Apparently I am not eligible.

+1

Mar 31st, 2020 8:25 pm

#9

djpr: Deal Addict; Nov 27, 2005; 1866 posts; 1164 upvotes

Mar 31st, 2020 8:25 pm

smartie wrote: ↑ How could avg 100,000 annual income be low to modest family

Household income?

That's $50,000 per person. You could only afford a 1 bedroom condo in Toronto with that much household income.

+5

Mar 31st, 2020 8:26 pm

#10

winenaught88: Sr. Member; Jun 18, 2015; 554 posts; 831 upvotes; Toronto, ON

Mar 31st, 2020 8:26 pm

My GST amount went up but so did my trillium benefit from $50 to almost $2000?!

Lmao

+1

Mar 31st, 2020 8:27 pm

#11

LULUMON: Member; Sep 10, 2018; 254 posts; 1313 upvotes; Do I care?

Mar 31st, 2020 8:27 pm

$290, for a single individual with 2018 net income below $9,413;
$443, for a single individual with 2018 net income exceeding $24,712. For single individuals with income between $9,413 to $24,712, the one-time GST credit is increased from $290 by 1 cent on each dollar of 2018 income earned;
$580, for a couple (including cohabitating common-law partner); and
Extra $153 for each child under the age of 19 and residing with the individual.

GST credit begins phasing out at 5 cents for every dollar of family income earned in 2018 over $37,789

So $37789 is highest point