Newfoundland and Labrador Child Benefit Estimate
Reviewing benefits for a Couple (4 Children) with a net income of $70,000.
Estimated Monthly Support
$1,998 /mo
~$23,981 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
$25,230 / yr
Your Result Explained
At an income of $70,000, your family falls into the eligible range for federal benefits. Based on a household income of $70,000, a Couple (4 Children) in Newfoundland and Labrador qualifies for approximately $23,981 per year in government support. This , plus includes the quarterly GST/HST credit and the Canada Carbon Rebate.
Benefit Breakdown
- Canada Child Benefit (CCB): $22,012 / year
- Newfoundland Child Benefit: $0 / year
- Tax Credits (GST + Carbon): $1,969 / year