WHO IS ELIGIBLE FOR THE GST/HST CREDIT

WHO IS ELIGIBLE FOR THE GST/HST CREDIT
10 Mar 2022
GST/HST Credit
If you belong to the low to medium income bracket, then you are automatically eligible for GST/HST credit. Along with annual taxes, most Canadians pay for consumer goods and services or GST on a daily basis. It is already added to the prices of goods and services as well as in transactions in properties like land, house, intangible personal property like downloaded products from the internet. In some parts of Canada, GST is combined with provincial sales tax to create a harmonized sales tax or HST. HST varies by province and adds a significant amount to purchased goods and services. With GST/HST credit, Canadians with low to medium income can get back a portion of all federal sales tax they pay.