British Columbia Child Benefit Estimate
Reviewing benefits for a Single Parent (2 Children) with a net income of $55,000.
Estimated Monthly Support
$1,411 /mo
~$16,932 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
2
Max Rate
3
Estimated Annual Benefit
$16,932 / 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 Single Parent (2 Children) in British Columbia qualifies for approximately $16,932 per year in government support. This , plus includes the quarterly GST/HST credit and the BC Family Benefit.
Benefit Breakdown
- Canada Child Benefit (CCB): $13,630 / year
- BC Family Benefit: $2,799 / year
- Tax Credits (GST + Carbon): $503 / year