VATupdate

Share this post on

Canada Revenue Agency Updates Guidance on GST/HST Credit Eligibility and Payments

  • CRA’s updated guidance outlines eligibility for GST/HST credit based on residency, marital status, dependents, and tax return filing, with required social insurance number for application.

  • Credit amounts for 2024 are up to C$533 for singles, C$698 for couples, and C$184 per child, with payments issued quarterly based on assessed net income and family situation.

Source: news.bloombergtax.com

Sponsors:

VATIT Compliance

Advertisements:

  • Exchange Summit