“The Universal Child Care Benefit (UCCB) was a taxable benefit for children under 18 years of age…” This is a portion of the definition of the benefit provided by the Government of Canada. Unfortunately, the benefit no longer exists in this form and has not since 2016. Payments ceased in July 2016. Luckily, it was also replaced with a similar program, which is the CCB. The Canada Child Benefit (CCB) program is what we will discuss for the remainder of this article as it can help offset the costs of the best daycare in Calgary. What is the CCB?“The Canada child benefit (CCB) is administered by the Canada Revenue Agency (CRA). It is a tax-free monthly payment made to eligible families to help with the cost of raising children under 18 years of age.” Again, this definition comes from the Government of Canada, who is the provider of this program. Who Can Apply? There are several requirements to applying for this benefit, and they are summarized below:
Additionally, you cannot receive the benefit for foster children for any month in which Children’s special allowances (CSA) are payable. How Much Can They Get? As this is a monthly benefit, and several different programs apply jurisdictionally and circumstantially, giving a single number for your circumstances is next to impossible. However, the Government of Canada provides a helpful calculator tool that you can use to receive accurate information based on your unique circumstances. Additionally, there is some excellent general information that you can consider. For example, the number of children in your care and their ages as well as your marital status and last year’s AFNI information. What to Do in the Event of Missing Payments If your payments stop or change in a given month, your best option is to contact the Canada Revenue Agency. As they are the tax credit administrators, they will have the most up-to-date and relevant information to assist you in determining why there has been a change to your payment schedule. How the CCB Gets You Access to the Best Daycare in CalgaryBut how does all of this tax information relate to the best daycare in Calgary? Well, put simply, you can offset the cost of this service with the help of the CCB. This allows you to give your children quality time with peers, educators and caregivers alike while also reducing the financial stress for yourself. Contact us for more information today! 2000 Days Daycare is the daycare in Calgary SW, where your child will learn, laugh and grow. Our focus is to ensure that the first 2000 days of your child’s life (the most important for development) is maximized. We provide the platform where your child develops the soft skills to help them communicate effectively, get along with other children, control their emotions, develop self-motivation and help them creatively solve problems. As a family operated and owned SW Calgary daycare centre, we give the extra time, attention and care that your children deserve, so they can develop the skills to excel at school and grow in self-confidence. Feel free to contact us at 403-319-2332 (Extension 1) or book a tour of our Calgary daycare today! The post What is UCCB and CCB appeared first on Calgary Daycare & Child Care School. via Calgary Daycare & Child Care School https://2000daysdaycare.ca/what-is-uccb-and-ccb/
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Author2000 Days Pre-Kindergarten can best be described as a daycare school or a child care school. Even a full time preschool. Potential families choose us again and again because we are much more than a daycare. From our unique, custom curriculum to our in-house chef. We strive everyday to give your child the very best. . Let’s take a quick look at what we offer and what makes us special… Contact
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