Question:

to find information about GST credits in canada.

by Guest8760  |  12 years, 9 month(s) ago

0 LIKES UnLike

to find information about GST credits in canada. you can find information about GSt credits on Canada Revenue Agency (CRA) Web site.

 Tags: Canada, credits, gst, information

   Report

1 ANSWERS

  1. amomipais82
    Hi,
    GST/HST Credit

    The GST/HST Credit program issues to Canadians with low and modest incomes all or part of the GST/HST they pay. It provides information on application procedures, eligibility, payment of the GST/HST credit and procedures to follow in case of overpayment.

    Delivered by: Canada Revenue Agency (CRA)
    Eligibility Information

        * GST/HST credits are calculated based on the recipient’s net income added to the net income of his or her spouse or common-law partner, if applicable, minus any amount the recipient, his or her spouse or common-law partner reported for the Universal Child Care Benefit on line 117 of the tax return. The number of dependent children registered for the Canada Child Tax Benefit or the GST/HST Credit is also used in the calculation of benefits.
        * To be eligible for benefits, the applicant must be 19 years of age or older, have (or previously had) a spouse or common-law partner, or be (or previously was) a parent and live (or previously lived) with their child.
        * GST/HST credit recipients must inform the Canada Revenue Agency of all changes, such as a change in the number of dependent children or marital status, in order to have the payments adjusted. The credits can be adjusted during the year.
        * Other criteria may apply.

    Application Information

        * To receive the GST/HST credit, the recipient has to apply for it, even if it was received in the previous year. To apply, the recipient must file an Income Tax and Benefit return, even if there is no income to report. Eligible taxpayers may apply for the credits any time during the year in which they meet the requirements.
        * New residents of Canada may apply for GST/HST credits at any time in the year they become residents of Canada by completing Form RC151, GST/HST Credit Application for Individuals Who Become Residents of Canada.
        * Application Form
        * On-line Application

    Dates and Deadlines

        * GST/HST credits are issued four times a year: January, April, July and October (generally the fifth day of the month).

    Contact Information

        * Contact the Canada Revenue Agency.

    Related Information

        * Individuals who have not received their GST/HST credit within 10 business days following the date of issue should contact the Agency.
        * Individuals who are receiving the GST/HST credit do not need to apply separately to receive the Newfoundland Harmonized Sales Tax Credit, the Newfoundland and Labrador Seniors Benefit and the Saskatchewan Sales Tax Credit.

Sign In or Sign Up now to answser this question!

Question Stats

Latest activity: 14 years, 6 month(s) ago.
This question has 1 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.