In 2025, eligible low- to modest-income Canadians will receive increased Canada Revenue Agency (CRA) GST/HST credit payments, starting with a 2.7% boost in July 2025. Payments are issued quarterly, with maximum annual amounts for 2025-2026 reaching up to $533 for singles, $698 for couples, and $184 per child.
The CRA will make these payments on the 5th day of July and October 2025, and of January and April 2026. However, if your GST/HST credit calculated in July 2025 is less than $50 per quarter, the CRA will pay you for the entire payment period in July 2025.
Payment amounts are recalculated every July
For example, the information from your 2024 tax return determines the GST/HST credit amount you get for the payment period from July 2025 to June 2026. You could get up to: $533 if you are a single individual. $698 if you are married or have a common-law partner.
Starting September 22, 2025, GST in India will be simplified to primarily two rates: 5% and 18%, with a special 40% rate on luxury and sin goods like tobacco and high-end vehicles. Many essentials, including certain medicines and foods, are now zero-rated, while several items see reduced rates.
The Canadian government is providing a one-time $300 federal payment in 2025 as part of ongoing efforts to assist low- and modest-income Canadians facing rising costs of living.
The government has confirmed that no further Cost of Living Payments are planned for 2025. This means there will not be a new payment (such as the rumoured £450 payment) this year. Future financial support will depend on government decisions and the wider economy, including inflation and energy prices.
The Canada Revenue Agency (CRA) has announced a special $680 one-time payment for 2025, designed to support low-income individuals and families dealing with rising living expenses. This initiative is part of the government's program to reduce financial stress, offering direct cash support to qualified taxpayers.
Effective October 1st, 2025, a new set of rules for GST return filing will come into effect. This marks the first filing cycle under the GST 2.0 reforms, aimed at improving transparency, control, and accuracy in Input Tax Credit (ITC) management through the Invoice Management System (IMS).
Total Net GST revenue for October 2025 stands at ₹1,69,002 crore, which is 0.6% higher(monthly growth) and 7.1% higher (yearly growth) than the corresponding period last year at ₹1,68,054 crore.
Notification No. 16/2025- Central Tax (Rate) dated 17.09. 2025 notification amends the GST rate for specific services, implementing the recommendations from the 56th GST Council meeting. The amendments introduce new exemptions for life and health insurance services provided to individuals and their families.
The GST/HST credit payment period begins in July and ends in June of the following year: January and April payments. Based on your adjusted family net income from your 2024 tax return. July and October payments.
The goods and services tax/harmonized sales tax (GST/HST) credit is a tax-free quarterly payment for individuals and families with low and modest incomes to help offset the GST or HST they pay. It may also include payments from provincial and territorial programs.
In order to qualify for this, you have to have worked in 2023 and had an income below $150,000. You also qualify if you received Employment Insurance, paid EI premiums or made CPP contributions. You should receive this via cheque or direct deposit by April 2025.
Canada will implement a faster GST rebate payment system starting January 5, 2026. Eligible individuals and families can receive up to $680 more quickly, reducing previous delays. The new system streamlines income verification and tax processing to speed up payments. and modest-income Canadians.
When to expect your refund. You can claim a refund if your net tax (line 109 of your GST/HST return) is a negative amount. We normally issue refunds within 4 weeks of receiving your return.
Goods and services tax credit
According to the federal government, the maximum annual amount an individual may receive from July 2025 to June 2026 is $533, while a married or common-law couple could see up to $698 combined.
As of 2025, the GST rate in Singapore is 9% for all taxable goods and services (except for nil-rated). With the GST rate change, as laid out by the Inland Revenue Authority of Singapore (IRAS), it has become even more important to be at par with the recent amendments.
The rollout of new GST 2.0 rates from September 22, 2025, marks a turning point in India's tax journey. By simplifying the system into 5%, 18%, and 40% slabs, the government has addressed one of the biggest criticisms of the original GST—complexity.
E-commerce operators need to file GSTR-9B as they are allowed to collect Tax Collected at Source (TCS) under GST. The GST return due date to file these annual returns is 31 December following the end of the financial year. For example, for the financial year 2024-25, the GST filing last date will be 31st Dec 2025.
However the authorities may argue that Finance Act, 2025 + notifications+ portal readyness is sufficient to place IMS mandatory from 01/10/2025. An element of risk is involved, if it is not followed, despite Rule 60 is yet to be amended.
Canada Workers Benefit
3 times a year (July 12, October 11, January 10), depending on income. The amounts you may receive are adjusted for the period from July 2025 to June 2026: Up to $1,518 if you are single. Up to $2,616 if you are a couple.
Not only will the government be issuing a one-time cash payment of $500 to be paid in August 2021, this year's Federal Budget also includes the highest quarterly adjustment to existing OAS payments since July 2014.
The $1,200 payment is a one-time direct deposit issued by the Canada Revenue Agency for seniors classified as low income based on their most recent tax return. The payment is not a loan, does not need to be repaid and does not replace existing monthly benefits.