{"id":15794,"date":"2024-03-13T16:20:50","date_gmt":"2024-03-13T16:20:50","guid":{"rendered":"https:\/\/www.fundsspectrum.com\/2024\/03\/13\/newcomers-to-canada-eligible-for-gst-hst-credit-a-vital-financial-support-for-easing-the-transition\/"},"modified":"2024-03-13T16:20:50","modified_gmt":"2024-03-13T16:20:50","slug":"newcomers-to-canada-eligible-for-gst-hst-credit-a-vital-financial-support-for-easing-the-transition","status":"publish","type":"post","link":"https:\/\/www.fundsspectrum.com\/2024\/03\/13\/newcomers-to-canada-eligible-for-gst-hst-credit-a-vital-financial-support-for-easing-the-transition\/","title":{"rendered":"\u201cNewcomers to Canada Eligible for GST\/HST Credit: A Vital Financial Support for Easing the Transition\u201d"},"content":{"rendered":"
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Immigration News Canada highlights an important financial benefit available to all newcomers settling in Canada: the Goods and Services Tax\/Harmonized Sales Tax (GST\/HST) credit. This quarterly payment helps offset the cost of living and supports low-to-moderate-income households.<\/p>\n

\u201cUnderstanding and accessing benefits like the GST\/HST credit is crucial for newcomers navigating the Canadian financial system,\u201d<\/em> said a spokesperson for Immigration News Canada. \u201cThese resources can make a real difference in easing the transition and establishing financial stability.\u201d<\/em><\/p>\n

What is the GST\/HST credit?<\/strong><\/p>\n

The GST\/HST is a tax-free quarterly payment to help offset the GST\/HST paid on purchases. It is income-based, with higher payments going to lower-income individuals and families. Available to all Canadian residents, including new immigrants and permanent residents.<\/p>\n

How much is the next GST payment?<\/strong><\/p>\n

For the payment from July 2023 to June 2024, you can get up to:\u00a0<\/p>\n