All You Need to Know about GST/HST Credit

If you are a resident of Canada, you may be eligible for an important tax credit: the GST/HST credit. In this blog post, we’ll explain what the GST/HST credit is and how to apply for it.

What is the GST/HST Credit?

The GST/HST credit is a tax-free quarterly payment that helps individuals with low to modest incomes offset the GST or HST that they pay on purchases. To be eligible for the GST/HST credit, you must be a resident of Canada for income tax purposes, have filed your tax return, and meet certain income requirements. You should usually be 19 years or older to be able to apply for GST/HST credit.

The amount of the credit that you receive will depend on your income and family situation, and will be paid out to individuals quarterly (every four months in a year)

How to apply?

To apply for these credits, as an individual with no children, you need fill out the RC151 form. You can download the form from the Canada Revenue Agency (CRA) website or request a paper copy by calling the CRA’s individual tax enquiries line at 1-800-959-8281. Once you have filled out the form, you can mail it to the CRA or drop it off at a Service Canada location. Alternatively, you can apply for the credit through CRA’s My Account service.

If you have children, you need to fill out the RC66 form.

For more information about how to apply and other information, you can check the CRA website through this link. CRA also has an informative guide about GST/HST credit details and you can check it out here.

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