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Does CRA require world income or landing amount for Gst HST credit?

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jwagh
Member since: Apr 04

Posts: 64
Location: pune india
Post ID: #PID

Posted on: 27-07-10 22:14:44

Hi all,
We arrived in canada in apr 2009 and declared the amount with the immigration officers.

After filing our returns in 2010 we received a letter from CRA for the world income with the amount converted to canadian dollars for the period in 2009 before we came to Canada, to process the GST / HST credit for july 2010 to Apr 2011.

What should we do, is this information normally required?

Thanks in advance,

Regards,
jwagh

vyasji_1967
Member since: Jun 10

Posts: 5
Location: 555 brimorton dr
Post ID: #PID

Posted on: 27-07-10 22:35:29

Quote:
Originally posted by jwagh

Hi all,
We arrived in canada in apr 2009 and declared the amount with the immigration officers.

After filing our returns in 2010 we received a letter from CRA for the world income with the amount converted to canadian dollars for the period in 2009 before we came to Canada, to process the GST / HST credit for july 2010 to Apr 2011.

What should we do, is this information normally required?

Thanks in advance,

Regards,
jwagh

hello,
I am also the person who filed return in 2010 on my arrival in may-2010, i also received letter form CRA to show the world income with amount converted to canadian dollar for the period of 2008 & 2009, is it so, it is necessary to show that income? because till today i don't have any job? pl.reply
thank very much.

sudesingh
Member since: Jul 04

Posts: 2085
Location: Toronto
Post ID: #PID

Posted on: 27-07-10 23:02:45

Quote:
Originally posted by jwagh

Hi all,
We arrived in canada in apr 2009 and declared the amount with the immigration officers.

After filing our returns in 2010 we received a letter from CRA for the world income with the amount converted to canadian dollars for the period in 2009 before we came to Canada, to process the GST / HST credit for july 2010 to Apr 2011.

What should we do, is this information normally required?

Thanks in advance,

Regards,
jwagh

GST is calculated based on your world income. You should have filled in form RC 151 when you first entered. You are eligible to get GST from the time you enter. For that CRA needs your world income from Jan 1 to the date you entered Canada. This is normal.

Link to RC 151 - GST Credit Application-> http://www.cra-arc.gc.ca/E/pbg/gf/rc151/rc151-10e.pdf

Check out Section 3 - Statement of Income

Generally if your income is over $40K a year you do not get any GST.

-----------------------------------------------------------------
SS
Reiki Grand Master

jwagh
Member since: Apr 04

Posts: 64
Location: pune india
Post ID: #PID

Posted on: 27-07-10 23:15:29

Thank you sudesingh for the reply , if we fill the form now are we liable to get the GST credit since july 2009

Regards,
jwagh

sudesingh
Member since: Jul 04

Posts: 2085
Location: Toronto
Post ID: #PID

Posted on: 27-07-10 23:22:38

Quote:
Originally posted by jwagh

Thank you sudesingh for the reply , if we fill the form now are we liable to get the GST credit since july 2009

Regards,
jwagh

Yes, you are entitled to get the credit, retro.

-----------------------------------------------------------------
SS
Reiki Grand Master

web2000
Member since: May 06

Posts: 849
Location:
Post ID: #PID

Posted on: 28-07-10 09:41:44

Quote:
Originally posted by sudesingh

Quote:
Originally posted by jwagh

Hi all,
We arrived in canada in apr 2009 and declared the amount with the immigration officers.

After filing our returns in 2010 we received a letter from CRA for the world income with the amount converted to canadian dollars for the period in 2009 before we came to Canada, to process the GST / HST credit for july 2010 to Apr 2011.

What should we do, is this information normally required?

Thanks in advance,

Regards,
jwagh

GST is calculated based on your world income. You should have filled in form RC 151 when you first entered. You are eligible to get GST from the time you enter. For that CRA needs your world income from Jan 1 to the date you entered Canada. This is normal.

Link to RC 151 - GST Credit Application-> http://www.cra-arc.gc.ca/E/pbg/gf/rc151/rc151-10e.pdf

Check out Section 3 - Statement of Income

Generally if your income is over $40K a year you do not get any GST.

Roughly how much credit a person gets if world income is $0.

jwagh
Member since: Apr 04

Posts: 64
Location: pune india
Post ID: #PID

Posted on: 04-08-10 21:21:10

Hi All,

Thanks again sudesingh for your link and reply.

I also called up the CRA number and they are very helpful in giving all the information that you ask for after posing security questions.

I am posting this for the benefit of the new comers.

One is entitled for quite a considerable GST credit from the time that they lands and is family income related. The benefit is available after one files for their tax returns.

For eg. if we have landed in Apr 2009 and we file our first returns in Apr 2010 we get our gst credit forJuly 2010,oct2010,jan2011 and apr 2011. For this the CRA requires the total family income from Jan 2009 to dec 2010 .But since we landed in Apr 2009 we have to provide for world income from Jan 2009 to apr 2009 and canadian income from apr 09 to dec 09 which is obtained from T4 statements from organisations in which one works. However for the world income from jan 09 to apr 09 one can write a letter stating the income or state it as 0 as the case may be.

Now we also get the gst credit for july 09,oct 09,jan 10,apr10 but for this we need to fill the rc15 form availabe on the CRA Site or the one which sudesingh has provided.

Both the letter and the rc 15 form can be posted to the cra at the suggested cra address.

Regards,

jwagh

Contributors: jwagh(5) sudesingh(2) vyasji_1967(1) web2000(1) inideal(1)

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Does CRA require world income or landing amount for Gst HST credit?

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