The Canada Revenue Agency (CRA) has announced a surprise £680 payment hitting bank accounts this summer 2025, aimed at helping Canadians cope with rising living costs. This one-time, tax-free payment, tied to the GST/HST credit, is a welcome boost for low and middle-income households. But who qualifies, and how can you make sure you get it? This article explains the eligibility rules, payment dates, and what to do if you miss out, all in simple terms.
Who Can Claim the £680 Payment?
The £680 payment is part of the GST/HST credit, designed to offset sales taxes for those on lower incomes. To qualify, you must be a Canadian resident, at least 19 years old by July 2025, and have filed your 2024 tax return. Your income matters too—single people earning under £28,000 or families with a combined income below £42,000 are likely to get the full amount. If your income is higher, the payment reduces, phasing out completely for singles over £38,000 or families above £50,000.
| Household Type | Maximum Payment | Income Threshold |
|---|---|---|
| Single Person | £680/year (£170/quarter) | Under £28,000 |
| Couple (no kids) | £680/year (£170/quarter) | Under £38,000 |
| Family (2 kids) | £912/year (£228/quarter) | Under £42,000 |
When Will You Get the Money?
The CRA will send the payment in July 2025, with most people seeing it by July 15 via direct deposit or cheque. This is the first quarterly GST/HST credit payment for the July 2025 to June 2026 cycle, but it’s been boosted to act as a one-time relief. If you’ve set up direct deposit with the CRA, expect the funds faster. Check your bank statement for a reference like “GST/HST Credit” to spot it.
How to Make Sure You Qualify
No separate application is needed the CRA uses your 2024 tax return to decide if you’re eligible. Here’s what you need to do:
- File your 2024 taxes by April 30, 2025, even if you had no income.
- Update your personal details, like address or family status, in your CRA My Account.
- Set up direct deposit for quicker payments.
- If you’re new to Canada, complete Form RC151 to register for the GST/HST credit.
Double-check your income and family details are correct to avoid missing out.
What If You Don’t Get the Payment?
If you think you’re eligible but don’t see the £680 by August 1, 2025, don’t worry—there are steps to fix it. First, log into your CRA My Account to check your payment status. If it’s not there, wait 10 business days, then call the CRA at 1-800-387-1193. Common issues include late tax filings, outdated bank details, or income reported incorrectly. Newcomers might need to confirm their residency status with the CRA to unlock the payment.
Why This Payment Helps
With grocery prices up 3% and rents averaging £1,200 a month in cities, this £680 payment offers real relief. It’s tax-free, so every penny goes straight to your pocket, whether for bills, food, or transport. The CRA’s move shows the government’s push to ease financial strain, but it’s a one-off, so plan wisely. For more details, visit Canada.ca or check your CRA My Account. Stay on top of your taxes to grab this cash boost this summer.
