The Canada child benefit is a tax-free monthly payment for eligible families to help their children under 18 years of age. The CCTB may include the child disability benefit. The Canada revenue agency calculates child benefit tax from the income tax and benefit return for every year. Use this online CCTB calculator to calculate the tax benefits. Enter the Parent's salary, number of children in the Canada Child Tax Benefit Calculator to find the old and new tax plan.
In order to avail the Canada child tax benefit, parent's should file their tax every year though there is no income for the current year. The CCTB benefits are paid over a period of 12 months .