2024 Canada Child Tax Increase: Eligibility, Application, & Payment

Canada Child Tax: The CCB is a tax-free monthly payment designed to help with the cost of raising children under 18. The maximum annual benefit for families with children under 6 rose to $7,437, while the maximum for children aged 6-17 increased to $6,275.

Canada Child Tax Increase 

Canada Child Benefit (CCB) program, run by the Canada Revenue Agency, gives families with children under 18 a monthly boost based on their income and the ever-changing cost of living.

Recently, the CCB got even better, with payments jumping up to $7,437 for children under 6 and $6,275 for children aged between 6-17. That’s a 6.3% increase compared to last year, meaning more cash in your pocket and less stress about covering the bills.

This tax-free monthly payment aims to ease the burden of raising children under 18, and the amount you receive depends on your income and the ages of your children.

Canada Child Tax Increase Eligibility 

To qualify for the Canada Child Benefit (CCB), your family needs to meet several key criteria:

Children:

  • You must have at least one child under 18 years old living with you.
  • The child must be a Canadian citizen, permanent resident, or protected person, or a temporary resident who has lived in Canada for at least 18 months with a valid permit.
  • You cannot receive CCB for a child receiving Children’s Special Allowances (CSA). However, you may be eligible if you care for a child under a kinship or close relationship program and they don’t receive CSA.

Caregiver:

  • You (or your spouse/common-law partner) must be the primary caregiver for the child, responsible for their upbringing and daily needs.
  • You must be a resident of Canada for tax purposes, meaning you have established sufficient residential ties within the country.

Income: 

  • Income: Your adjusted family net income must be below a certain threshold. The maximum benefit decreases as your income increases.
  • A family of one under-six-year-old is eligible for $194,356 in income. The eligibility threshold for a family consisting of two children under the age of 18 is $217,340.

How to apply for Canada Child Tax?

Applying for the Canada Child Benefit (CCB) is straightforward, and there are three main ways to do it:

My Account: 

This is the preferred method for most applicants.

If you have a CRA My Account, you can simply:

  • Log in to your account.
  • Go to “My benefits and credits.”
  • Select “Apply for child benefits.”
  • Follow the instructions to complete the application.
  • You can also check your benefit amount and update your information in My Account.

Form RC66: 

This is a paper form that you can download from the CRA website or get by calling 1-800-959-2221.

To apply using this method:

  • Download the form and fill it out completely.
  • Gather the required supporting documents, such as proof of your child’s birth and your Social Insurance Number (SIN).
  • Mail the completed form and supporting documents to your local CRA tax centre.

Canada Child Tax Payment Method

The Canada Child Benefit (CCB) increase is paid out using the same method as your regular CCB payments.  Here are the options:

Direct deposit: If you have already provided your banking information to the CRA, the CCB increase will be automatically deposited into your account on the same date as your regular CCB payment. This is the fastest and most reliable way to receive your payment.

Cheque: If you haven’t provided your banking information or choose not to receive your payment via direct deposit, the CRA will mail you a cheque. Expect to receive it around the same date as your regular CCB cheque.

What if you didn’t receive Canada Child Tax increase?

Double-check if you meet all the eligibility criteria for the CCB increase. If you meet the eligibility criteria and still not receiving the payment increase, here’s what you can do:

  • Check your My Account: Log in to your My Account on the CRA website to see your CCB payment history and any updates. You can also update your information and preferences here.
  • Contact the CRA: If you can’t find any information on your My Account or have any questions, contact the CRA by phone at 1-800-959-8281.

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