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 Canada Child Benefit Application 2023

2023-2025 Form

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Instructions and help about Canada Child Benefit Application

Canada child benefit provides you with tax-free income to help with the cost of raising kids here in Canada the maximum you can get for a child under the age of six is $743 per year and then from the ages of 6 to 17 the most you can get is $6,279 per year these amounts will go up with inflation but those are the amounts accurate as of today if your household net income is below $34,636 per child that you have at their respective ages however if you have income above that amount there are reductions that come along with that there are two thresholds to keep in mind between $334,800 and $ 77553 then once you have household income above $5,542 the amount is reduced again so there's different thresholds based on how much money you make and the amount that they're willing to provide to you in terms of of taxfree income for families who have income over the $75,500 income threshold the reduction is based on how many kids you have but the process is similar so for one child there'

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