GST/HST Credit Increase a Once-A-Year Benefit

In last month’s GST/HST Credit, seniors received a nice surprise.

Seniors making below minimum, saw $900.00 added to their cheques.

Mark King is the Communications Director and Spokesperson with the Provincial Governments Department of Finance.

He says this additive will not be a onetime thing.

King says seniors 65 years of age and older will see an increase to their GST/HST Credit cheques once a year.

He says due to uncertainty, the amounts is subject to change each year.

King adds like any uncertainty, it could either go up or down.

To qualify for the maximum benefit, recipients must have a net income of $26,165 or less.

Seniors who make more than that are eligible for a partial benefit.

This is was an increase of nearly 13 percent from the bonus given out last year.