Understanding the $698 CRA GST/HST Credit in October 2025
The Canada Revenue Agency (CRA) is set to distribute a significant GST/HST credit amounting to $698 to eligible recipients in October 2025. This financial aid aims to provide relief to low- and modest-income families across Canada, helping them manage daily expenses amid rising living costs. The payment, which is part of the CRA’s ongoing efforts to support Canadian households, will be issued on October 5, 2025. Eligible individuals and families must ensure their information is up to date with the CRA to receive the payment without delay. This article will explain the eligibility criteria, how to claim the credit, and when to expect the payment.
What is the GST/HST Credit?
The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) credit is a tax-free quarterly payment provided by the CRA to assist those who may struggle with the additional costs imposed by these taxes. The credit is designed to help lower-income families and individuals offset the costs of everyday expenses, thereby promoting greater financial stability.
Payment Details
The total amount of $698 is based on various factors, including family size and income levels. The payment date for this installment is scheduled for October 5, 2025. Recipients can expect their payments to be deposited directly into their bank accounts or sent via cheque, depending on their preferences set with the CRA.
| Payment Date | Amount | Eligibility Criteria |
|---|---|---|
| October 5, 2025 | $698 | Low- and modest-income families |
Eligibility Criteria
To qualify for the GST/HST credit, applicants must meet specific income thresholds and residency requirements. Here are the main criteria:
- Must be a resident of Canada for tax purposes.
- Must be at least 19 years old or have a spouse or common-law partner.
- Income must be below the set thresholds, which can vary based on family size.
- Must have filed a tax return for the previous year to establish eligibility.
How to Apply for the GST/HST Credit
Eligible individuals and families can apply for the GST/HST credit through the following steps:
- File your tax return: Ensure you file your income tax return annually, even if you have no income to report.
- Complete the application: When filing your return, include the appropriate forms that determine your eligibility for the credit.
- Update your information: If your family situation changes (e.g., marriage, new children), update your status with the CRA to ensure accurate payment amounts.
When to Expect Your Payment
Payments are generally issued quarterly, and the upcoming payment will be available on October 5, 2025. Recipients can check the status of their payment through the CRA’s My Account portal. This online resource provides updates on various tax-related matters, including credits and benefits.
Further Resources
For more detailed information regarding the GST/HST credit, interested parties can visit the following authoritative sources:
- Canada Revenue Agency – GST/HST Credit
- Wikipedia – Goods and Services Tax (Canada)
- Forbes – GST/HST Credit Overview
As the payment date approaches, eligible Canadians are encouraged to prepare by confirming their tax status and ensuring their contact information is current with the CRA. By doing so, they can receive their $698 payment promptly and continue to benefit from this essential financial support.
Frequently Asked Questions
What is the CRA GST/HST Credit for October 2025?
The CRA GST/HST Credit is a financial benefit provided by the Canada Revenue Agency to assist low- and middle-income individuals and families with the cost of the Goods and Services Tax (GST) and Harmonized Sales Tax (HST). For October 2025, eligible recipients will receive a payment amounting to $698.
When will the October 2025 GST/HST Credit payments be issued?
The payment date for the October 2025 GST/HST Credit is scheduled to be announced by the Canada Revenue Agency, and payments are typically issued quarterly, so recipients should check for updates closer to the date.
How can I claim the CRA GST/HST Credit?
To claim the CRA GST/HST Credit, you need to file your income tax return. Ensure that your application includes all necessary information about your income and family situation, as this will determine your eligibility and payment amount.
Who is eligible for the GST/HST Credit?
Eligibility for the GST/HST Credit is generally based on your income level and family size. Low- and middle-income individuals or families who meet the criteria set by the Canada Revenue Agency are eligible to receive this credit.
How often is the GST/HST Credit paid?
The GST/HST Credit is paid quarterly. Recipients can expect payments in January, April, July, and October each year, provided they remain eligible based on their income and family circumstances.