Canada Child Tax Benefit (CCTB)

There are various ways through which you can collect from the government through child tax credits, and keep unavoidable expenses at bay.

By: Admin

What is the CCTB?

There are various ways through which you can collect from the government through child tax credits, and keep unavoidable expenses at bay. Parents, with children under the age of 18, are paid by the government each month to assist them with the costs of rearing children. The Canada Child Tax Benefit incorporates the Child Disability Benefit for handicapped children, and for low-income families, an added amount called the National Child Benefit Supplement.

Application and Eligibility

Assuming you are the primary caretaker of the child, your Child Tax Benefit will be determined on the basis of:

  • You, your spouse, or have permanent residency, or be a temporary resident who has lived in Canada for 18 months, and have a valid permit in the 19th month;
  • Total number of children;
  • You must be primarily responsible for the care and rearing of the child;
  • Family’s net income; and
  • Each child’s eligibility for the Child Disability Benefit.

Tax Credits for Children Registered in Arts/Fitness Programs

Creative and athletic programs are by no means inexpensive. To assist parents with these added costs, the government has introduced the fitness and art amounts. If you enroll your children in such programs, getting a bigger tax return is as simple as keeping your receipts so that you can receive a total of $1000.

The programs should be:

  • At least 8 weeks long;
  • Supervised and suitable for children;
  • Fitness programs: activities involving improvement of muscle strength, conditioning, and endurance;
  • Art Programs: artistic, cultural, and recreational and development activities.

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