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