Additional child benefits


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tamilkuravan   
Member since: Jun 05
Posts: 5775
Location: God's own country

Post ID: #PID Posted on: 17-04-15 09:26:50

It is said in the Star that many families are missing on important funding from federal govt. for children under the age of 18.

Under proposed enhancements to the benefit, families would receive almost $2,000 a year for each child under six and $720 a year for each child aged six through 17.

Poilievre says families that aren’t getting the current benefit or haven’t applied for a child tax benefit should log on to canada.ca/taxsavings to learn how to apply.

“If you’ve got kids under 18, you qualify. Period. It doesn’t matter how much you make or the type of child care you choose.


People like Hasni who are new to the country or immigrants earning family income less than $ 60,000 per year (and who have children below 18) are the ones who will be mostly benefitted by this.

Pass it on.

Murali


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I am a Gents and not a Ladies.


dhaval   
Member since: Feb 04
Posts: 117
Location: Northern Lights

Post ID: #PID Posted on: 01-05-15 11:12:48

Thanks for sharing info .
Appreciated



Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 01-05-15 12:05:45

Is there any age limit to which child benefits can be applied for after a child is born here .. without losing on benefits retrospectively ...

In other words , can the benefits be applied for retrospectively when the child turns 3 .. assuming that they have not been applied for since birth.


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Fido.


RBO   
Member since: Aug 06
Posts: 1761
Location: Mississauaga

Post ID: #PID Posted on: 01-05-15 13:12:47

when I filed my income tax that time my accountant mentioned on my tax return about Sports, Music, child care in expenses to CRA.

when we do tax file than isn't automatically count this all benefits by CRA?

any idea, Do we have to apply separately for all these benefits or not?

regards



adamthorat   
Member since: Aug 11
Posts: 1041
Location:

Post ID: #PID Posted on: 01-05-15 13:39:01

Quote:
Originally posted by RBO

when I filed my income tax that time my accountant mentioned on my tax return about Sports, Music, child care in expenses to CRA.

when we do tax file than isn't automatically count this all benefits by CRA?

any idea, Do we have to apply separately for all these benefits or not?

regards




These are mostly federal and in some cases even provincial non refundable tax credits. You have to claim them and they help you reduce taxes. They are not automatically calculated. You claim them and keep the receipts with you in case CA asks them in future.

See line 365 , line 370, line 214 etc on schedule1 of federal tax return for fitness credit, arts credit and other lines for child care expenses.

You have to claim them..its NOT automatic. Some tips below.

http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns206-236/214/menu-eng.html





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