Bifalgorithm post
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 videos like this make sure to 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 GST payment at the end of 2022.
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 videos like thi…
Ideas in this flowchart
- Double GST Payment
- Nature of Payment
- One-time Payment
- CRA Website Confirmation
- Payment Details
- Payment Period
- October 2022 Payment
- January 2023 Payment
- Calculation Method
- Lumped Payments
- End of 2022 Payment