Go to GoReading for breaking news, videos, and the latest top stories in world news, business, politics, health and pop culture.

goods and services tax credit - GST credit

106 3
Definition:

Low and modest-income individuals and families are eligible to receive a quarterly payment to offset some of the goods and services tax (GST) that they have paid.

To apply for a GST credit, you must file a Canadian income tax return, even if you have no income to report.

For those in provinces with the harmonized sales tax (HST) there is an HST tax credit.
Source...

Leave A Reply

Your email address will not be published.