The amount of basic Canada child tax benefit (CCTB) for July 2013 to June 2014 is (except Alberta):
- $1,433 (119.41 per month) for each child under age 18
- A supplement of $100 ($8.33 per month) for your third and each additional child
The benefit is reduced if your adjusted family net income is more than $43,561. The reduction is calculated as follows:
- Family with one child: 2% of the amount of adjusted family net income that is more than $43,561.
- Family with two or more children: 4% of the amount of adjusted family net income that is more than $43,561
In Alberta, the basic Canada child tax benefit amount is based on the age of each child.
At what level of income, you no longer receive CCTB?
What is Canada child tax benefit (CCTB)?
Who is qualified for Canada child tax benefit (CCTB)?
A list of tax credit with explanation