British Columbia Child Benefit Estimate
Reviewing benefits for a Couple (1 Child) with a net income of $55,000.
Estimated Monthly Support
$725 /mo
~$8,698 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
Estimated Annual Benefit
$8,698 / yr
Your Result Explained
At an income of $55,000, your family falls into the eligible range for federal benefits. Based on a household income of $55,000, a Couple (1 Child) in British Columbia qualifies for approximately $8,698 per year in government support. This , plus includes the quarterly GST/HST credit and the BC Family Benefit.
Benefit Breakdown
- Canada Child Benefit (CCB): $6,771 / year
- BC Family Benefit: $1,424 / year
- Tax Credits (GST + Carbon): $503 / year