|
 The Newfoundland and Labrador Child Benefit (NLCB)
The NLCB is a refundable tax credit payable
to all low income families with family income less than $22,397; living in
Newfoundland and Labrador and who have dependent children under 18 years of
age.
Families
receive partial benefits when the family net income is between $17,397 and
$22,397. The
benefit is fully phased out when family net income reaches $22,397.
Families with children under the age of 1 year, are also eligible to receive
the Mother Baby Nutrition Supplement, which is an additional amount of $45
per month provided under the NLCB.
The benefit year is from July to June. The amount of the benefit which
starts in July of each year is based on the family income in the previous
taxation year. NLCB payments are included with the Canada Child Tax Benefit
payment administered by the Canada Revenue Agency.
|
