Welcome to Money Reverie’s guide on GST payment dates for 2021!
Since its commencement in 1991, the goods and services tax (GST) has been a saving grace for many Canadians, especially low-medium-income earners. With GST Payments, Canadians can get back the complete or part of the sales tax they pay the previous year.
Have you been claiming your GST credit? Are you ready to claim your GST credit?
Whether or not you’ve been claiming your GST credit in the past, this guide tries to answers all your questions on GST payment such as what is GST Tax Credit, how GST is calculated, and when GST payment will come out in 2021, and how to spend it.
Accordingly, at the end of this guide, you should have no doubt or worry about the GST payment dates for 2021.
When Does GST Come Out in 2021?
For 2021, GST/HST Tax credit payments will come out on the following dates:
- January 5, 2021
- April 1, 2021
- July 5, 2021
- October 5, 2021.
You can receive payment via direct deposit into your Canadian bank account or by mail.
Visit the CRA Website and Login into your Account. to set up direct deposit for your GST/HST payment or learn more about when GST/HST will come out in 2021 and beyond.
What is the GST Tax Credit?
Before knowing the GST payment dates for 2021, it is important to first understand GST and GST credit.
The goods and services tax (GST), also known as harmonized sales tax (HST), is a levied attached to the purchase of most goods and services in Canada.
GST/HST credit is a tax-free amount given to low-medium earners individuals and families in Canada.
This is in the form of a complete or part offset of the taxable goods and services they purchase. Additionally, it comprises payments from provincial and territorial programs.
Moreover, GST/HST payments are made four times or quarterly a year by the Canada Revenue Agency (CRA).
How Does GST Tax Credit Work?
You pay an indirect tax for most of the goods (except fresh foods and some other items) and services you buy in Canada irrespective of how much you make. Because of this, low and middle-income earners end up spending a chunk of their income on GST.
So, the CRA looks at the income tax returns and returns a portion of the GST you paid in the July to June period to you. How much you get in GST is determined by the annual income you filed in your tax returns. The other things CRA considers are your marital status and the number of children you have.
Your tax return automatically enrolls you for the GST refund. Your child automatically is also registered for the GST once you register his/her birth or claim the Canada Child Benefit (CCB). If your child turns 19 before April, the CRA automatically deducts your child’s share from your GST refund. Your child will receive the GST refund upon filing his/her tax.
GST credit works by disbursing tax-free amounts to eligible Canadians quarterly. That is why the GST payment dates for 2021 are also split into four.
Your GST/HST credit is determined by the number of children you have and your income at the previous taxation year-end.
Who Qualifies for the GST Payment?
To qualify for GST payments for 2021 and other payments, you must meet the following requirements:
- Be a Canadian resident
- Reach 19 years of age or older
- You must have (or had) a spouse or common-law partner
- Have a Social Insurance Number (SIN)
- You must be a parent with your child (presently or in the past)
Once you meet the above requirements, you can start counting on the GST payment dates for 2021 and beyond.
How Much GST Payment Are You Eligible For?
Your GST/HST credit is determined by your family or individual income, including the number of children you’ve who are young enough to qualify for the credit (19years or older).
In addition, your GST/HST credit is determined by your tax return for the previous year.
Based on these factors, the Canada Revenue Agency (CRA) will send you a credit notice ahead of the next GST/HST payments.
How GST/HST Payment is Calculated
The CRA calculates your GST/HST credit using your previous year’s tax return.
For instance, if you qualify for the GST/HST credit based on your tax return in 2020, your first GST/HST payment would be in 2021.
In calculating your GST/HST credit, the CRA also considers your family income, including the number of your children that you registered for the credit.
You can use the Canada Revenue Agency calculator to determine your GST/HST credit.
When Can CRA Recalculate your GST Payment?
There may be times when the CRA will recalculate your GST/HST credit. Factors that may prompt recalculation includes:
- Changes in your marital status.
- Growth of your children to the eligible age.
- Changes in the number of your eligible children.
- The death of a recipient.
- Changes in your family’s net income.
- Child custody changes.
Note: You can notify the CRA about these changes to have an immediate adjustment of your payments.
What Happens if You Were Overpaid in the GST Payment?
If the CRA recalculates that you have been overpaid for the GST/HST credit, they will notify you.
Thus, until the balance is repaid, the CRA will not disburse any future GST/HST credit payments or tax refunds.
Also, your GST/HST credit will be applied to paying tax balances. It may also apply your credit to other amounts owed to government programs.
This includes federal, provincial, or territorial government programs.
When Should You Contact CRA About Your GST/HST Tax Credit?
You can contact the CRA about your GST/HST tax credit when you have:
- Additional Child: Contact the CRA when there is a change in the number of children in your care. The CRA will take note and expand your payment as well. It doesn’t matter if it’s your child or a child you’re a custodian to.
- Marital Status Change: You can also contact the CRA when your marital status changes. Be it marriage or divorce, ensure you let the CRA know. This will determine the right payment for you.
- A Dead Recipient: Inform the CRA when one of the GST/HST credit recipients is dead. This could be your child, spouse, or common-law partner. Ensure you contact the CRA for an immediate update.
- Change of Location: You also need to contact the CRA when you’re about to change location. This could be a change of province or even country. Inform the CRA to help update your records.
How Much GST Do You Get?
How much GST you get varies by year. For example, if you’re single, you could get up to $456. That’s for the 2020 base year.
However, if you are married or have a common-law partner, you could get up to $598.
On the other hand, each of your children under 19 years could get up to $157.
Is There an Extra GST Payment?
Yes. Extra GTS payment was made on April 9, 2020, to help Canadians that become jobless due to COVID-19.
Thus, those that were eligible for the GST supplement payment met the following requirements:
- Previous GST/HST beneficiaries
- Those whose families net income is below the maximum limit of qualifying for the GST/HST credit.
- Canadians that filed their 2019 tax return.
Family Income Level Eligibility for GST/HST Tax Credit
Your family’s previous year’s income level determines your GST/HST credit in the current year.
For 2020 income and GST/HST 2021 payments, the Canada Revenue Agency reports that:
“If your family net income amount is equal to or exceeds the amount indicated in the table below, you will not be entitled to a GST/HST credit payment.”
|Family structure||Adjusted family net income|
|Single parent with one child||$53,992|
|Single parent with two children||$57,132|
|Single parent with three children||$60,272|
|Single parent with four children||$63,412|
|Married/common-law couple with no children||$50,852|
|Married/common-law couple with one child||$53,992|
|Married/common-law couple with two children||$57,132|
|Married/common-law couple with three children||$60,272|
|Married/common-law couple with four children||$63,412|
If your marital status changes, ensure that you inform the CRA immediately through one of the following ways:
- CRA My Account
- Call 1-800-387-1193
- CRA MyBenefits mobile app
- Sending Marital Status Change on Form RC65.
Your family is only entitled to one GST/HST credit quarterly.
Also, if both of you received payments as individuals prior to marrying or becoming common-law partners and continued to receive payments after a change of your marital status…
One of you will be required to reimburse the money received after your status changed.
What is the Income Limit for GST 2021?
The income limit for GST 2021 varies per person. For a single person, the income limit is $48,012.
But for a single parent with one child, the limit is $53,992.
The list goes on and on. You can check the above family income eligibility table for the comprehensive list.
How to Apply for GST/HST Payment?
There’s no formal procedure for GST/HST application.
So the major step is to file your taxes annually regardless of whether you have an income report. This way, the CRA will determine your eligibility automatically.
However, are you a new Canadian resident who didn’t file a tax return before? Here are the GST/HST application steps you should follow:
- File Form RC66 if you are a parent of at least one child.
- Complete Form RC151 if you don’t have children.
- Forward the form to the CRA office located in your province.
How to Claim the GST/HST Credit for a Child?
It is possible that you are already receiving a GST/HST credit for your child if you registered for the Canada Child Benefit (CCB).
However, you will need to manually register your child to receive the GST/HST credit if you didn’t register for the CCB.
Also, you need to register if you have or adopt another child. Follow these steps to claim the GST/HST credit for your child:
- Log in to the CRA My Account.
- Navigate to “Apply for child benefits.”
- Confirm your details.
- Add your child’s details.
As soon as you apply, you can check your application’s status through the CRA My Account.
Furthermore, you can also claim the GST/HST credit for your child through the following steps:
- Step 1:Fill Form RC66, Canada Child Benefits Application.
- Step 2: Send the filled form to your tax centre through mail.
GST/HST Related Provincial and Territorial Programs
Here are the provincial and territorial programs administered by the CRA that linked to the GST/HST credit:
- BC climate action tax credit.
- Northwest Territories cost of living offset.
- New Brunswick harmonized sales tax credit.
- Newfoundland and Labrador income supplement.
- Ontario sales tax credit.
- Nova Scotia affordable living tax credit.
- Saskatchewan low-income tax credit.
- Prince Edward Island sales tax credit.
- Yukon government carbon price rebates individuals.
According to the CRA, you can get payment from a territory or program without necessarily applying for it.
Once you’re eligible, your GST/HST credit payments will be merged with your provincial and territorial credit payments and sent to the same account (with the exception of Ontario sales tax credit).
Provincial GST Payment Dates 2021 Explained
British Columbia (B.C.) Climate Action Tax Credit
Under the BC Climate Action Tax Credit, individuals, spouses and common-law partners living in B.C. can receive up to $174 quarterly, and every dependant child can receive up to $51.
Ontario Sales Tax Credit
The OSTC provides a $313 yearly credit per adult and child in a family.
Nova Scotia Affordable Living Tax Credit
Helps offset any increases in HST and provides extra cash for low-income earners in the Atlantic Province of Nova Scotia. As of the last GST payment dates 2021, the maximum annual payment amount for NSALTC is $255 for individuals and couples and $60 per child. The amount reduces with an increase in the net family income.
Newfoundland and Labrador Income Supplement
Under the Newfoundland and Labrador Income Supplement, low-income earners and people with disabilities can receive up to $450 or $510 (yearly) if they have a spouse or common-law partner, and every child qualifies for $100.
New Brunswick Harmonized Sales Tax Credit
Individuals, spouses, and common-law partners can receive a yearly credit of up to $300, with an additional $100 per child over the age of 19 (who’s still living at home). The amount reduces with an increase in the net family income.
Newfoundland and Labrador Seniors Benefit
In this province, people aged 65 or above, and who are single can get a yearly payment of $1,313. Spouses or Common-Law partners of a senior with an adjusted family net income of $29,402 or less also qualifies for this benefit.
Saskatchewan Low-Income Tax Credit
This is a credit given to eligible individuals as follows:
- $346 to individuals, common-law partners, spouses, or eligible dependents
- $136 to every qualified child.
Prince Edward Island Sales Tax Credit
This is an annual credit that is given to qualified individuals as follows:
- $110 to an individual
- $55 to a spouse, common-law partner, or eligible dependent.
The amount reduces with an increase in the net family income.
Provincial GST/HST Credits
Annual Maximum Amount
BC climate action tax credit
– Individuals: $174 CAD
- Spouse or Common-Law Partner: $174 CAD
New Brunswick harmonized sales tax credit
- Individuals: $300 CAD
- Spouse of Common-Law Partner: $300 CAD
- Per Child Under Age 18: 100 CAD
Newfoundland and Labrador income supplement
– Individuals: $450 CAD
- Spouse or Common-Law Partner: $510 CAD
Northwest Territories cost of living offset
- Individuals: $208 CAD
- Spouse of Common-Law Partner: $208 CAD
- Per Child Under Age 18: 240 CAD
Nova Scotia affordable living tax credit
– Individuals: $255 CAD
- Spouse or Common-Law Partner: $255 CAD
Ontario sales tax credit
- Individuals: $313 CAD
- Spouse of Common-Law Partner: $313 CAD
- Per Child Under Age 18: 313 CAD
Prince Edward Island sales tax credit
– Individuals: $110 CAD
- Spouse or Common-Law Partner: $55 CAD
Saskatchewan low-income tax credit
– Individuals, Spouse, Common-Law Partner: $346
GST, HST, and PST for Canadian Provinces & Territories for 2021
The table below shows GST, HST, and PST for Canadian Provinces and Territories
Newfoundland and Labrador
Prince Edward Island
Final Thoughts on GST Payments Dates 2021
There you have them; the GST payment dates for 2021!
The question now is, are you ready for these payments? If yes, how much are you expecting?
With the above guide, I believe you can answer any questions on the GST payment dates for 2021 accurately.
But if you need any further help, don’t hesitate to let me know in the comment section.
To round it up, below I provide answers to some of the common questions people are asking about the GST payment dates for 2021.
Frequently Asked Questions about GST Payment Dates for 2021
What Are Payment Dates for GST?
GST payment dates vary each year but are done quarterly. As mentioned earlier, GST payment dates for 2021 are as follows:
- January 5, 2021
- April 1, 2021
- July 5, 2021
- October 5, 2021
What is the Maximum Income to Qualify for GST?
The maximum income qualification for GST/HST payments varies. For a single individual, the maximum income in 2020 must be less than $48,012 for the GST/HST 2021 payment.
For a single parent with one child, the maximum income in 2020 must be less than $53,992 for the GST/HST 2021 payment.
Please refer to the above table under “Family Income Level Eligibility for GST/HST Credit” for a comprehensive view of the maximum income for GST/HST payment qualification.
What is the Difference Between GST and HST?
GST stands for: “goods and services tax.” It is a tax on goods and services sold in Canada.
HST, on the other hand, stands for: “harmonized sales tax.” It is a term used to refer to harmonized tax on goods and services sold in many Canadian provinces.
Now you can see that both GST and HST mean the same thing. While GST serves on a national scale, HST serves on a provincial scale.
How Do I Estimate My GST/HST Credit?
To get an accurate estimate of your GST/HST credit, use the CRA’s Child and family benefits, calculator.
How Often Do You Get GST Payments?
Four times a year. GST payments are made quarterly each year to eligible Canadians. Hence, the GST payment dates for 2021 are split accordingly.
How Do I Check My GST Payment?
Call 1-800-387-1193 to check your GST payment. But that should be after ten working days when the period of your GTS payment elapses.
Also, you can check our GTS payment status through the CRA My Account. You can even check it using the MyBenefits CRA mobile app.
Why Did I Get a GST Cheque?
Once you file your taxes and meet the other requirements for the GST payment… you will automatically receive a check.
What is the Highest Income to Qualify for GST?
For GST, the highest income to qualify for GST is $48,012 for a single person.
However, for a single parent with one child, the highest income is $53,992.
The highest income to qualify for GST varies per person and year. You can see the comprehensive list under the family eligibility table above.
Is GST Credit Based on Income?
Yes, GST credit is based on the income of the beneficiary. This is determined from the tax return for the previous taxation year.
How Much Income is Low Income in Canada?
In Canada, a low income refers to less than 50% of the median household income.
Accordingly, the CRA defines a low-income family as one spending 20% of its income on necessities.