Newfoundland and Labrador Child Benefit Estimate
Reviewing benefits for a Single Parent (2 Children) with a net income of $55,000.
Estimated Monthly Support
$1,260 /mo
~$15,117 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
2
Max Rate
3
Estimated Annual Benefit
$15,117 / 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 Newfoundland and Labrador qualifies for approximately $15,117 per year in government support. This , plus includes the quarterly GST/HST credit and the Canada Carbon Rebate.
Benefit Breakdown
- Canada Child Benefit (CCB): $13,630 / year
- Newfoundland Child Benefit: $0 / year
- Tax Credits (GST + Carbon): $1,487 / year