Bifalgorithm post
Been getting a lot of questions about the Double GST and whether or not you'll get a second payment for this government program and of course more is like this. Make sure you hit the plus sign. The additional Double GST payment is a one-time payment as you can see here. This is straight from the CRA website. What they did was because it's over six months. That means that only two payments were actually doubled, which would have been the October payment of 2022 and the January payment of 2023. They then ran their calculations, lumped those together, and that's what you received for the Double GSD payment at the end of 2 thousand and 22.
Been getting a lot of questions about the Double GST and whether or not you'll get a second payment for this government program and of course more is like this…
Ideas in this flowchart
- Double GST Payment Explanation
- Payment Details
- One-time Payment
- CRA Website Confirmation
- Payment Period
- October 2022 Payment
- January 2023 Payment
- Calculation Process
- Lumped Payments Together
- End of 2022 Payment