The HST credit is a refundable tax credit for low income residents of this province. The credit amounts are: $40 per adult and $60 per child for taxpayers with net family income of $15,000 or less. The credit is reduced by 5% when net family income exceeds $15,000. The credit is paid in October of each year and is included with the federal GST credit. The amount of the credit is based on net family income from the previous year. This credit is provided under Section 34 of the Income Tax Act.
For more information about the HST Credit, please contact: