Science and Technology Science and Technology

GST/HST Rebate 2025: You Could Get up to $129.75 Every Quarter


Published on 2025-01-13 21:01:05 - MSN
  Print publication without navigation

  • Here's how Canadian households can use the GST/HST tax credit in 2025 to build long-term wealth over the next decade. The post GST/HST Rebate 2025: You Could Get up to $129.75 Every Quarter appeared first on The Motley Fool Canada.

The article from MSN discusses the upcoming changes to the GST/HST credit in Canada for the year 2025. It highlights that the Canada Revenue Agency (CRA) will be increasing the GST/HST credit payments, with eligible individuals potentially receiving up to $129.75 every quarter. This adjustment aims to provide more financial relief to low and modest-income families to help offset the costs of goods and services. The article explains that the credit amount varies based on family size, income, and marital status, and it provides a brief overview of how these payments are calculated. Additionally, it mentions that these changes are part of the government's ongoing efforts to support Canadians facing economic pressures.

Read the Full MSN Article at:
[ https://www.msn.com/en-ca/money/topstories/gst-hst-rebate-2025-you-could-get-up-to-129-75-every-quarter/ar-BB1roN7r ]