|
How much is the
CCTB?
It's
different for different families. It depends on how many children are in the
family, and how old they are. It also depends on the family's net
income.
There is a
basic benefit of $95.92 per month for each child
under age 18*.
Then, if there
are more than two children in the family, the family will get
an extra $6.67 per month for each of them.
For example,
if a family has four children, they will get the basic benefit
for each of the four children, plus an extra $6.67 for the
third child and an extra $6.67 for the fourth child.
If a family
has children younger than 7, they will get $19.00 per month extra
for each of those young children.
If a family's
net income is more than $32,960, their benefit will be reduced.
Lower income
families also get the National Child Benefit Supplement.
Families whose net income is less than $22,397 will get $107.75
per month for the first child, $90.58 per month for the second
child, and $84.08 per month for each other child. If a family's
net income is more than $22,397, their National Child Benefit
Supplement will be reduced.
It's
complicated, isn't it? |