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How Much is The GST Tax Credit Increase in 2024?

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Last year, eligible GST/HST credit recipients received a one-time lumpsum boost via the Grocery Rebate.

For 2024, qualifying recipients will see an increase in their GST cheques in July, when payments will increase following indexing for inflation.

How Much is the GST Credit Increase?

For the July 2024 to June 2025 payment period, the standard Goods and Services Tax (GST) Credit amount increases with inflation.

How much you receive in total is based on your family size and income:

  • Single individuals: $519
  • Couple: $680
  • Each child under the age of 19: $179

Who is Eligible for the GST Credit Increase?

You automatically qualify for the GST credit boost if you are a current recipient of the GST/HST credit.

Usually, your eligibility for the regular program is assessed every year when you file your income tax return.

The net income threshold for getting the full benefit ranges from $54,704 to $72,244, depending on your family size.

For income levels exceeding this threshold, GST credit benefits are clawed back until $0.

gst increase canada

How To Apply For the GST Credit Boost

You don’t need to apply to get the GST Credit bonus payment. It will be paid out automatically through direct deposit or a cheque.

If you haven’t filed your 2023 tax return, you must do so to qualify for ongoing automatic payments.

GST/HST Credit Payment Dates

GST payment dates for 2024 fall on:

  • January 5, 2024
  • April 5, 2024
  • July 5, 2024
  • October 5, 2024

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Gravatar for Enoch Omololu, MSc (Econ)
Enoch Omololu, MSc (Econ)

Enoch Omololu, personal finance expert, author, and founder of Savvy New Canadians, has written about money matters for over 10 years. Enoch has an MSc (Econ) degree in Finance and Investment Management from the University of Aberdeen Business School and has completed the Canadian Securities Course. His expertise has been highlighted in major publications like Forbes, Globe and Mail, Business Insider, CBC News, Toronto Star, Financial Post, CTV News, TD Direct Investing, Canadian Securities Exchange, and many others. Enoch is passionate about helping others win with their finances and recently created a practical investing course for beginners. You can read his full author bio.

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24 thoughts on “How Much is The GST Tax Credit Increase in 2024?”

  1. Gravatar for Stephen Hillier

    Government please educate us on how your figures work for the July 2023 GST

  2. Gravatar for debbie Deluca

    it says single people will get 234 mine only says 194 which i usually only get 97.00 per quarter so that means if it’s the grocery rebate i only get 97.00.

  3. Gravatar for debbie Deluca

    mine cra says may 28th double up gst but not received

  4. Gravatar for Michelle

    Yes we will be getting the grocery rebate in July if you check your CRA online account it will tell you how much you will be getting .

  5. Gravatar for Kim Smith

    May 2023,
    When it was decided to increase the GST once again , but calling it a grocery rebate is great.What i have discoved is this .
    Growing up we had the uppie scale ,the middle and the low end.Today in the 21 century it’s uppie and that’s it.
    We all need to eat , ESPECIALLY OUR CHILDREN
    I am wondering if there would be anyway to offer a grocery rebate every quater at the same time tge GST is issued.Nobody wants to wait.Prices are getting worse,and everyone needs help know.Its an aweful thing to say NO to your child at the grocery store only because you just can’t afford those apples !!!

  6. Gravatar for Wendi

    So is the new grocery rebate included with the GST rebate July 5/23 ?

    • Gravatar for Enoch Omololu, MSc (Econ)

      @Wendy: Possibly, but there’s no official confirmation of this.

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