Adult Financial Literacy Guide | Page 27

Benefit Programs The B.C. Early Childhood Tax Benefit (BCECTB) is a non-taxable monthly benefit to help eligible families with the cost of raising children under six years of age. To be eligible to receive the BCECTB in April 2015, you must:     File your personal income tax return for British Columbia. Be primarily responsible for the care and upbringing of a child under six years of age. Earn a net family income under $100,000 to receive the maximum benefit or under $150,000 for a partial benefit. And be a resident of British Columbia. The BCECTB was introduced April 1, 2015. BCECTB payments are provided monthly (like Canada Child Benefit ) to the primary caregiver of the child up to and including the month the child turns six years old. B.C. Early Childhood Tax Benefit (BCECTB) Enrolment for the BCECTB is processed through the Canada Child Benefit Application. The Canada Revenue Agency (CRA) will use the information from your Canada Child Benefit Application to determine your eligibility. If you are eligible, the amount of any payments will be calculated automatically based on information from your income tax returns . Photo via VisualHunt.com 27