Personal Finance

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

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

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! :cool:
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  • GST-HST-credit-covid19.png
207 replies
Member
Apr 20, 2008
432 posts
270 upvotes
You are not entitled to the GST/HST credit based on your net income and family situation.
Deal Addict
User avatar
Dec 16, 2015
2707 posts
2353 upvotes
Technoking
Whats the criteria!!!!???? Im only grtting like $100CrabCrabCrabCrabCrabCrabCrab
To the moon
Newbie
Oct 20, 2011
69 posts
59 upvotes
TORONTO
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.
Deal Guru
Jun 11, 2005
13134 posts
1968 upvotes
Toronto
Not eligible. It actually says I owe $51 for GST. Lol
Deal Addict
Apr 19, 2010
2895 posts
1399 upvotes
Apparently I am not eligible.
Deal Addict
User avatar
Nov 27, 2005
1866 posts
1164 upvotes
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.
Sr. Member
Jun 18, 2015
554 posts
831 upvotes
Toronto, ON
My GST amount went up but so did my trillium benefit from $50 to almost $2000?!


Lmao
Member
Sep 10, 2018
254 posts
1313 upvotes
Do I care?
$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
Last edited by LULUMON on Mar 31st, 2020 8:29 pm, edited 1 time in total.
Deal Fanatic
Dec 5, 2006
9536 posts
4740 upvotes
Markham
djpr wrote: Household income?

That's $50,000 per person. You could only afford a 1 bedroom condo in Toronto with that much household income.
Was joking.I meant in RFD, we used to say average income per RFDer is 100,000
Sr. Member
Jan 8, 2009
734 posts
737 upvotes
Since most RFD'ers make over $100K, most won't be eligible
Deal Fanatic
User avatar
Jan 31, 2006
7081 posts
1785 upvotes
Toronto
I got $330.00, What is GSTC?

GSTC underpayment for Jul 2019
GSTC underpayment for Oct 2019
GSTC underpayment for Jan 2020
Member
User avatar
Dec 13, 2016
367 posts
213 upvotes
GTA
837 for me
FreedomMobile
DakilangMangingibig
Deal Addict
Nov 22, 2012
1353 posts
1144 upvotes
VANCOUVER
198886 wrote: You are not entitled to the GST/HST credit based on your net income and family situation.
Same.

But we are net savers so proportionally pay out less GST anyways.
Deal Fanatic
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Aug 27, 2014
6109 posts
2444 upvotes
Canuckland
You are not entitled to the GST/HST credit
Deal Addict
User avatar
Jun 28, 2005
3206 posts
797 upvotes
cgtlky wrote: I got $330.00, What is GSTC?

GSTC underpayment for Jul 2019
GSTC underpayment for Oct 2019
GSTC underpayment for Jan 2020
GSTC = Goods and Services Tax Credit

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