British Columbia Child Benefit Estimate
Reviewing benefits for a Couple (4 Children) with a net income of $60,000.
Estimated Monthly Support
$2,405 /mo
~$28,865 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
2
Max Rate
3
3
Max Rate
5
4
Std Rate
7
Estimated Annual Benefit
$30,114 / yr
Your Result Explained
At an income of $60,000, your family falls into the eligible range for federal benefits. Based on a household income of $60,000, a Couple (4 Children) in British Columbia qualifies for approximately $28,865 per year in government support. This , plus includes the quarterly GST/HST credit and the BC Family Benefit.
Benefit Breakdown
- Canada Child Benefit (CCB): $24,312 / year
- BC Family Benefit: $3,724 / year
- Tax Credits (GST + Carbon): $829 / year