The Canada Child Benefit (CCB) is a tax-free monthly reimbursement to assist parents in protecting the expense of raising their kids. Every July, the Canada Revenue Agency (CRA) re-estimates the amount qualified Canadian households will get in Canada Child Benefit reimbursements, depending on your changed family net earnings from the past year. The Canada Child Benefit is also indexed to inflation, depending on Consumer Price Index (CPI) information.
2024’s re-estimation implies that households could get an additional $350 for each child for kids below six and $295 per child between 6 to 17 years, approximated to the 2023/2024 duration. For the previous year’s benefit year, households who are more in need can get up to $7,787 for each child below the age of 6 and $6,570 for each child between the ages of 6 and 17, Employment and Social Development Canada declared July 18. This shows an elevation of 4.7 percent from the past year.
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The CCB Payment Dates For 2025
- January 20, 2025
- February 20, 2025
- March 20, 2025
- April 17, 2025
- May 20, 2025
- June 20, 2025
- July 18, 2025
- August 20, 2025
- September 19, 2025
- October 20, 2025
- November 20, 2025
- December 12, 2025
If you do not get a reimbursement on the mentioned dates, according to its web page, wait five working days before you contact the CRA for support.
What The CCB Means
The Canada Child Benefit (CCB) is a crucial non-taxable monthly reimbursement that the Canada Revenue Agency (CRA) forwards to qualified households with children under 18. It is a significant support for low- and middle-earning households in managing child-rearing costs. The CCB was introduced in 2016 and has been indexed to inflation since 2018.
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Canada Child Benefit reimbursements may consist of the Child Disability Benefit (CDB), and most regions and territories provide additional support, such as the Ontario Child Benefit. The Canada Child Benefit is developed to indirectly assist in protecting the expenses of raising a family for parents whose earnings are lower than the relevant thresholds. The more children you have, the higher the benefit you will be entitled to, and the more the earning means-examining cap will be for you. Lastly, it is a tax-free gain, so you do not account for the earnings on your tax income.
The Amount Of The Canada Child Benefit
For the duration between July 2024 and June 2025, the highest yearly benefit for each child below the age of 6 is $7,787, and the highest annual benefit for kids between the ages of 6 and 17 is $6,570. The total sum you will receive for Canada Child Benefit reimbursements is based on:
- The number of qualified kids in your family
- Your kids ages, children below the age of 6, get the Canada Child Benefit Young Child supplement.
- Your changed family net earning
- Whether your kids are qualified for the disability tax credit (DTC) from July 2024 to June 2025, households can get up to $3,322 per child who is qualified for the DTC.
Who Can Apply For The CCB: Who Is Eligible
To apply for Canada Child Benefit reimbursements, you must meet specific eligibility criteria. You are required to settle with and be mainly accountable for the care and upbringing of a minimum of one child below the age of 18. You must also be a resident of Canada for tax intentions. Furthermore, you and your partner or common-law spouse are needed to be any of the following:
- A Canadian national
- A permanent resident
- A secured individual
- A temporary resident who has settled in Canada for the past year and six months and possesses an authentic permit in the 19th month other than one that declares “does not confer status.”
- A person who is enrolled or entitled to be enrolled.
