How Much Is Gst In Canada 2024. We have included the gst formula for canada so that you can calculate the gst. Eligible canadians can expect an extra gst payment in 2024 of up to $519 from the canada revenue agency (cra).
If the cra determines that you are eligible for the gst/hst credit based on your 2023 tax return and that you will receive payments, you will receive a gst/hst credit notice in july 2024. It is a federal tax charged at a rate of 5% throughout canada, except for provinces that use the hst system.
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