How Can I Save on My Taxes?: Difference between revisions
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→Universal Child Care Benefit
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===Universal Child Care Benefit=== | ===Universal Child Care Benefit=== | ||
The Universal Child Care Benefit is a payment for each child under the age of 6 years. This benefit is $100 per month per <span class="noglossary">child</span>. The government pays this benefit to ''all parents'' in Canada. You report it as income on income tax return. You should apply for this benefit as soon as possible after your child is born or after you become a resident of Canada. You apply for this benefit by completing the form, Canada Child Benefit Application. For details, go the [http://www.cra-arc.gc.ca Canada Revenue Agency website]. | The Universal Child Care Benefit is a payment for each child under the age of 6 years. This benefit is $100 per month per <span class="noglossary">child</span>. The government pays this benefit to ''all parents'' in Canada. You report it as income on your income tax return. You should apply for this benefit as soon as possible after your child is born or after you become a resident of Canada. You apply for this benefit by completing the form, Canada Child Benefit Application. For details, go the [http://www.cra-arc.gc.ca Canada Revenue Agency website]. | ||
===Low Income Climate Action Tax Credit=== | ===Low Income Climate Action Tax Credit=== | ||