New GST Payment To Be Sent On July 5 With An Increase

Last Updated On 30 June 2024, 11:03 AM EDT (Toronto Time) The Canada Revenue Agency (CRA) will start sending out the new GST payment with an increase on July 5 to eligible Canadian taxpayers. The GST/HST credit is a non-taxable sum given to individuals and families with low and moderate incomes to help them balance their goods and services tax and harmonized sales tax (GST/HST) payments. CRA automatically recalculates all benefit payments in June and begins sending the increased payments …