Hello, Canadians! If you find yourself struggling with escalating costs—such as groceries, rent, gas, and other expenses—you may be curious about potential relief in the future. There has been discussion about a $698 GST/HST Credit August 2025 that is expected to arrive in August 2025, and I am here to help you navigate the information. Given that many are facing financial constraints, a tax-free monetary boost seems like an ideal solution to assist with those expenses or even allow for a little indulgence. Furthermore, it is important to understand the nature of the GST/HST tax credit. In the next few lines, learn more about the $698 GST/HST Credit August 2025. This federal program, overseen by the Canada Revenue Agency (CRA), delivers tax-exempt funds to Canadians with low to modest incomes, assisting them in offsetting the Goods and Services Tax (GST) or Harmonised Sales Tax (HST) incurred on daily necessities like groceries, apparel, and gasoline.
$698 GST/HST Credit August 2025
The $698 GST/HST Credit August 2025 has been creating a stir online, with some sources claiming it is a special payment for August 2025. The fact remains, however, that there is no GST/HST credit payment arranged for that month. The CRA follows a strict quarterly payment schedule—January, April, July, and October—leaving August off the list. The $698 figure likely refers to the maximum annual GST/HST credit for a married or common-law couple, which is $698 for the payment period from July 2024 to June 2025, based on your 2023 tax return. This has been misinterpreted as a one-time payment in August, but it represents the yearly total, distributed across four payments. Established for many years, it distributes payments four times annually and acts as a vital resource for groups including students, seniors, and families working to balance their budgets. Read below to get more real-time information about the $698 GST/HST Credit August 2025, eligibility criteria, how to access the payment and other things.
$698 GST/HST Credit Benefit 2025
| About | $698 GST/HST Credit Benefit 2025 |
| Eligibility Criteria | Above 19 years of age, families with low and moderate incomes |
| Amount | $698 ($174.50 per quarter) |
| Year | 2025 |
| Authority | Services Canada |
| Payment Mode | Both Online and offline |
| Payment Due Date | October 3, 2025 |
| Approval | Eligible candidates will receive it on the actual date |
| Category | Finance |
| Country | Canada |
| Official Website | www.canada.ca |
Who is Eligible for the GST/HST Credit?
To qualify for the GST/HST credit, you must fulfil certain criteria, and the positive aspect is that you do not need to submit a separate application—simply file your taxes! Below are the eligibility requirements according to CRA guidelines and information from sources such as Spring Financial and KOHO:
- Residency: You are required to be a Canadian resident for tax purposes during the month preceding and at the beginning of the payment month.
- Age: You must be at least 19 years old, or have a spouse/common-law partner, or be a parent residing with your child.
- Income: Your adjusted family net income (AFNI) should fall below specified thresholds. For the year 2025, individuals earning more than $52,255 will not receive any credit, and a couple with four children must not exceed $69,015. The credit gradually decreases as income increases.
- Tax Filing: It is necessary to file your 2024 tax return, even if you had no income, to receive payments starting in July 2025.
How much GST/HST Credit Can You Expect?
The amount of the GST/HST credit depends on your income, family size, and marital status. Regarding the payment period from July 2024 to June 2025 (in accordance with your 2023 tax return), the expected annual amount you could potentially receive is presented here, according to the CRA and resources such as TurboTax and Spring Financial:
- A single person, not having any children, can obtain up to $519 per year, equating to approximately $130 per quarter.
- Married or common-law couple (without children): Up to $698 per year, or roughly $174.50 per quarter.
- Each child under the age of 19: Up to $184 per year for each child, or about $46 per quarter.
- Seniors (65 years and older): A single senior with an adjusted family net income (AFNI) of $30,078 or less may qualify for up to $1,551 annually, which includes provincial top-ups such as the Newfoundland and Labrador seniors’ benefit.
$698 GST/HST Credit Payout Dates 2025
The confirmed schedule for 2025, based on information from GSTPaymentDate.ca and Canada.ca, is as follows:
- January 3, 2025
- April 4, 2025
- July 4, 2025 (or July 3, if it happens to fall on a holiday)
- October 3, 2025
FACT CHECK
The rumour regarding the $698 amount for August 2025 probably stems from confusion between the maximum annual couple’s credit of $698 and optimistic expectations for additional financial relief. With inflation projected at 3.2% in 2024 and increasing expenses, many individuals are anticipating a supplementary payment, similar to the 2023 Grocery Rebate that resulted in doubled payments for certain recipients in July.
But before you move ahead with the information, it’s necessary to check out the official website, as this information is still a rumour and not a confirmation.
Frequently Asked Questions On $698 GST/HST Credit August 2025
Do couples receive more than $698?
Couples are entitled to a maximum benefit of $698, along with an additional $184 for each child they have.
What steps must be taken to submit an application for the GST/HST credit?
Regardless of whether you have any income, it is crucial to submit your annual tax return.
In 2025, when can I expect to receive my $698 GST/HST payment?
Payments will be made on October 3, 2025; January 3, April 4, and July 4.
Which method will be employed to transfer the funds?
The funds will be provided either via a postal check or as a direct deposit into your bank account.
