CCB Payment Dates June 2024-Know Eligibility Criteria & Canada Child Benefit Details

CCB is a program that the government of Canada designed for parents who meet certain requirements. A predetermined sum is given to the parents or caregivers of the kid every month to meet the costs associated with the child. Income, the number of children, and the ages of those children are the factors that influence it.

CCB Payment Dates June 2024

As inflation and the cost of living continue to go upward, it is becoming more challenging to bring up children in today’s climate. To lessen the burden of these costs, the government of Canada offers the Canada Child Benefit (CCB) to families that meet the requirements. The Canada Child Benefit (CCB) is a monthly payment that is exempt from taxation and is provided by the government of Canada to families who meet certain criteria to assist them in raising children who are under the age of 18. 

The primary objective is to assist families in reducing the financial difficulties they are under while also ensuring that children have access to the resources they need to live a healthy and successful childhood. The mission of the CCB is to assist families in meeting the expenses associated with living and raising children. It is possible to alleviate child poverty by providing direct financial assistance to homes that are the most vulnerable.

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Overview of CCB Payment Dates June 2024

ProgramCCB Payment Dates June 2024
Governing BodyCanada Government
Applicable inCanada
Payment Date June 2024
CategoryFinancial News

Amount details

Different characteristics, such as a family’s income, the number of children they have, and their age, all have an impact on the benefits that they get. The maximum yearly benefit amount for children between the ages of six and seventeen is $6,275, while the greatest annual benefit amount for children under the age of six is $7,437 per kid. 

The amount of these benefits is determined by using the adjusted family net income (AFNI) from the previous year, and the benefit year begins in July of the next year and ends in June of the following year. The following is a list of the payment amounts for the Canada Child Benefit (CCB) for the year 2024:

CCB Payment Dates
  • For each qualifying dependant who is less than six years old, the monthly cost is CAD 619.75.
  • CAD 522.91 per month for each qualifying dependant between the ages of 6 and 17 years old.

It is important to keep in mind that the CCB Payments are recalculated in July depending on the adjusted net income of your family from the previous month. By using the Child and Family Benefits Calculator, which can be found on the official website of the Canada Revenue Agency (CRA), you will be able to get an estimate of the amount of your payment.

Who is eligible to get CCB Payment 2024?

In 2024, the following are the requirements that must be met to be eligible to receive the Canada Child Benefit (CCB) payment:

  • To be eligible, the kid or youngster must be less than 18 years old. This is a fundamental need.
  • The kid must either be a citizen of Canada or capable of obtaining permanent residency in the country.
  • It is required that the kid reside with the applicant for a minimum of half of the year.
  • Applicants are required to demonstrate that they are largely responsible for the care and raising of the kid.
  • If there is shared custody, each parent will get fifty per cent of what they would have earned if they had full custody, and the adjusted net income of the family will determine this amount.
  • Either you or your spouse must be a citizen of Canada to be eligible for citizenship, permanent residence, protected person status, temporary resident status with a valid permit in the 19th month, or registration under the Indian Act.
  • Due to the Kid Custody and Support Act (CCB), you and another person are considered to have joint custody of a kid if the youngster spends between forty and sixty per cent of their time with both of you.
  • If the kid lives with you for less than forty per cent of the time, you are not qualified to receive the Kid Care Benefit (CCB).
  • You are considered to have full custody of the kid and should pursue the kid Custody Benefit (CCB) if the child lives with you for more than sixty per cent of the time.

What are the steps I need to take to apply for CCB Payment 2024?

Follow these procedures to apply for the Canada Child Benefit (CCB):

  • To access your My Account, go to the CCB website and enter your Social Insurance Number (SIN) and date of birth.
  • Proceed to the Overview section and then choose “Benefits and Credit” from the navigation menu located on the left side of the screen.
  • To begin the application process, go to the “Child Facts” section that is located under the Benefits and Credits area, and then click the “+ Add” button.
  • Beginning on November 20, 2023, all individuals who want to apply for the CCB will be required to provide proof of birth.
  • Following receipt of your application, the Canada Revenue Agency (CRA) will conduct a review of the information within your application.
  • Additionally, the information of your spouse or common-law partner will be taken into consideration if you have one.

How do I keep track of my CCB Payment that is coming up in 2024?

These are the procedures you need to do to monitor your impending Canada Child Benefit (CCB) payment for the year 2024:

  • On the website of the Canada Revenue Agency (CRA), go to the part in which it says “My Account.”
  • Your credentials will allow you to log in, or you can establish an account if you have not done so previously.
  • After you have successfully logged in, you will be able to check the date of your subsequent payment.
  • You also have the option of signing up to get notifications regarding payments for benefits and credit about one week before the payment is delivered.
  • I would ask that you wait five working days before calling the Canada Revenue Agency (CRA) if you do not get your CCB Payment on the date that was anticipated.
  • It is important to keep in mind that maintaining awareness of your CCB Payments will guarantee that your family receives timely financial help.

CCB Payment Dates’ details 2024

When it comes to assisting families with children who are less than 18 years old, the Canada Child Benefit (CCB) Payment Dates for 2024 play a significant role. These regular payments are very necessary for a great number of people. Listed below are the dates for CCB Payments in 2024:

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 Canada Federal Payment

MonthScheduled Payment Date
JanuaryJanuary 19th
FebruaryFebruary 20th
MarchMarch 20th
AprilApril 19th
MayMay 17th
JuneJune 20th
JulyJuly 19th
AugustAugust 20th
SeptemberSeptember 20th
OctoberOctober 18th
NovemberNovember 20th
DecemberDecember 13th

Factors Affecting CCB Payment Amount 2024

Two primary elements will affect the amount of the CCB Payment that you will get in 2024:

There are various rates for children under the age of six and children between the ages of six and seventeen, according to the Canada Revenue Agency (CRA).

  • For children under the age of six, the maximum CCB Payment that will be available in 2024 is $7,437 per year, which is equivalent to $619.75 each month throughout the year.
  • In 2024, the maximum CCB Payment for children aged 6 to 17 years is $6,275 per year, which is equivalent to $522.91 per month. This payment is for children who are eligible for the program.

(AFNI) stands for adjusted family net income. Because a graded scale determines the amount of the CCB Payment, this is an important consideration. This is how your AFNI influences the amount of your payment:

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  • When your AFNI rises over a particular level, the amount of the CCB Payment that you get will progressively drop. This is because your AFNI is used to calculate your monthly payment.
  • Families with lower earnings will get a payment that is closer to the maximum CCB amount for their child’s age group. There is a correlation between lower income and higher payment.
  • Every July, the income tax return from the previous year is used to determine the CCB Payment that you are required to make. The amount of the payment that you will get in 2024 will be determined by the income that you earned in 2023.
  • There is no correlation between the number of children in your care and the actual amount of the CCB.

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