You are getting a huge benefit if you meet all the eligibility criteria. The Canadian government is providing $648.91 Canada Child Benefit coming in October 2024. If you have a child or children who are under the age of 18, you must check out the post because it has the recently updated eligibility criteria, payment dates, benefit amounts and how to apply for the same. The child benefit is a non-taxable payment which all the families can have access to. The aim of the child benefit is to help the families in cost of raising children so that child rearing can be a bit easier especially when both the parents are working.
$648.91 Canada Child Benefit October 2024
Though the CRA is providing the benefits in each and every month so that the eligible families can have a helping hand from the federal governments in raising their children. The $648.91 CCB is a non-taxable payment provided to the registered families on behalf of their children. All the under the 18 of age children have this payment so that the families can afford the education and nutritious food for their families. If you are getting the CCB, you might also receive the goods and services tax/harmonized sales tax credit, Canada carbon rebate and other provincial, territorial and federal payments.
In order to get the Canada Child Benefit $648.91, you do not need to have a common law partner. Even the single parents can make use of the child benefit payments. In some cases, the guardians and kin can also make use of the child benefits for children they are taking care of. The annul Canada Child Benefit is $7787 for a single child. If you have more than one child, you will be able to have increased Child Benefits accordingly.
$648.91 Canada Child Benefit October 2024 Overview
| Title | $648.91 Canada Child Benefit 2024 |
| Concerned Authority | The Canada Revenue Agency |
| Country Origin | Canada |
| Category | Federal Financial Aid |
| Expected Payment Dates | 18th of October 2024 |
| Accessible to | Low and Moderate Income Family Children |
| Official Website | www.canada.ca |
How Much is Child Benefit per Month in Canada?
The Child Benefit per Month in Canada is $648.91 while it will make up $7,787 per year. The $648.91 is accessible to the children you are under the age of 6.Those who are between the age group of 6 and 17 will have $547.50 per month making up to $6570 per year.
The above mentioned benefit payments will be accessible to only those whose adjusted family net income is less than $36,502. If the AFNI goes higher, there will be a significant reduction in the payment amounts. The individuals having AFNI more than $79,087 will be having no Canada Child Benefits.
Who is Eligible for $648.91 Canada Child Benefit in 2024?
The couples or individuals who have under the age of 18 children and they are legally bound to provide primary care to them are eligible for the monthly child benefits. Refer the following to know the detailed guide about the $648.91 Canada Child Benefit eligibility criteria
- You have a social insurance number
- You and the child both are Canadian residents
- Holds residency status for the past 12 months
- You are solely responsible for providing primary care to the children
- The child must be your son, daughter, nephew, niece, grandson, granddaughter, step son, step daughter and etc.
- You are Canadian resident for tax purpose
- You are not providing care for more than half of the year
In case you share the custody of the child, the $648.91 Canada Child Benefit will be divided accordingly. Suppose you have 50% of custody of the child, then you will secure 50% of the child benefit amount. The payment will be in accordance to the custody.
If you are providing care for less than 40% of the time, then you are not eligible for the payments. In case you are an immigrant, make sure that you are living in the country for the past 18 months and from the 19th month, you have a valid permit for staying in the country.
If you have a common law partner (not married to you) and you both are living together, then you can make use of the payment together. In case you are living separately for more than 90 days, then you will not be considered a couple and the benefit will entirely go to account of the person providing primary care.
$648.91 Canada Child Benefit Payment Dates for October 2024
- The $648.91 will be coming on the 18th of October 2024. If you do not receive the payment on the exactly mentioned dates, then you must wait for 3 business days before taking any action.
- In case of official delay, the CRA transfers the delayed payments within 10 days of the starting of the payment. So please consider the given time frame before taking actions.
- If you are getting any of the GST/HST, Canada Carbon Rebate or other provincial, territorial or federal payments, you do not need to apply for the $648.91 Canada Child Benefit Payment 2024. You will automatically receive the payment in CRA linked bank account. For further updates, please check out the official website of the CRA.
