British Columbia Child Benefit Estimate
Reviewing benefits for a Couple (4 Children) with a net income of $55,000.
Estimated Monthly Support
$2,539 /mo
~$30,465 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
2
Max Rate
3
3
Max Rate
5
4
Std Rate
7
Estimated Annual Benefit
$31,714 / 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 Couple (4 Children) in British Columbia qualifies for approximately $30,465 per year in government support. This , plus includes the quarterly GST/HST credit and the BC Family Benefit.
Benefit Breakdown
- Canada Child Benefit (CCB): $25,462 / year
- BC Family Benefit: $3,924 / year
- Tax Credits (GST + Carbon): $1,079 / year