The Canada Revenue Agency (CRA) plays a vital role in distributing financial support to eligible Canadians through various programs.
These include Old Age Security (OAS), Canada Pension Plan (CPP), Guaranteed Income Supplement (GIS), and the GST/HST Tax Credit.
As of May 2025, the CRA has announced the scheduled payment dates to help citizens plan their finances better.
Here’s a detailed breakdown of each program and when you can expect your payments.
CRA Payment Schedule May 2025 Overview
Category | Details |
---|---|
Name of Post | CRA Payment Schedule May 2025 |
Year | 2025 |
Month | May |
Country | Canada |
Department | Canada Revenue Agency (CRA) |
Benefits Included | OAS, CPP, GIS, GST/HST |
Payment Mode | Direct Bank Deposit |
Official Portal | www.canada.ca |
Canada Old Age Security (OAS) Benefits May 2025
Old Age Security (OAS) is a government pension program for Canadians aged 65 and older, regardless of employment history. To qualify, an individual must be 65 years old and meet Canadian residency requirements.
OAS Payment Dates
Month | OAS Payment Date |
---|---|
May | 28th, 2025 |
June | 26th, 2025 |
July | 29th, 2025 |
August | 27th, 2025 |
September | 25th, 2025 |
October | 29th, 2025 |
November | 26th, 2025 |
December | 22nd, 2025 |
Canada Pension Plan (CPP) Payment Schedule 2025
The Canada Pension Plan (CPP) provides monthly payments to contributors after retirement. Eligible individuals who have made valid contributions can start receiving CPP as early as age 60.
CPP Payment Dates
Month | CPP Payment Date |
---|---|
May | 28th, 2025 |
June | 26th, 2025 |
July | 29th, 2025 |
August | 27th, 2025 |
September | 25th, 2025 |
October | 29th, 2025 |
November | 26th, 2025 |
December | 22nd, 2025 |
CRA Guaranteed Income Supplement (GIS) May 2025
The Guaranteed Income Supplement (GIS) is available for low-income OAS recipients. Payment amounts are determined based on individual or combined income levels and marital status.
GIS Payment Dates
Month | GIS Payment Date |
---|---|
May | 28th, 2025 |
June | 26th, 2025 |
July | 29th, 2025 |
August | 27th, 2025 |
September | 25th, 2025 |
October | 29th, 2025 |
November | 26th, 2025 |
December | 22nd, 2025 |
GST/HST Tax Credit Payment Date 2025
The GST/HST Tax Credit helps offset all or part of the GST or HST that Canadians pay. Eligible recipients, primarily low-to-moderate income individuals and families, automatically receive these payments after filing taxes.
GST/HST Payment Dates
Month | GST/HST Payment Date |
---|---|
January | 3rd, 2025 |
April | 4th, 2025 |
July | 4th, 2025 |
October | 3rd, 2025 |
How to Claim Canada Pension Benefits in May 2025
- Log in to CRA My Account and register.
- Ensure you file your annual tax return, as many benefits are income-dependent.
- Apply for benefits like GST/HST Credit, Climate Action Incentive, or Canada Child Benefit through your CRA portal.
- Update personal information like address, marital status, and direct deposit details regularly.
- Submit any requested documents online.
- Use CRA’s mobile app or website to track payment status and dates.
Understanding the CRA Payment Schedule for May 2025 ensures eligible Canadians can better plan their monthly budgets.
Programs like OAS, CPP, GIS, and the GST/HST credit provide crucial financial support, especially for seniors and low-income households.
To avoid missing any payments, beneficiaries should ensure their information is current in their CRA account and promptly file their taxes. Staying informed and prepared is key to accessing all entitled benefits.
FAQs
When will the May 2025 OAS and CPP payments be deposited?
Both OAS and CPP payments are scheduled for May 28, 2025 via direct bank transfer.
How often are GST/HST tax credits paid out in 2025?
The GST/HST credit payments are made quarterly in January, April, July, and October.
Who is eligible for the GIS payment in May 2025?
Canadians receiving OAS benefits with low annual incomes are eligible for the GIS payment on May 28, 2025.