Child Tax Benefit
Filing taxes may not be your idea of fun, but it can make a big difference to your family’s income. New financial supports such as the Canada Child Benefit (CCB) can mean hundreds of extra dollars per month for low and middle income families who have children up to the age of 17. The only catch is, you must file your taxes in order to access this extra money! For example, a family with 2 children and earning $28,000 a year could be eligible for a tax free benefit of $900 a month through the CCB –that’s $10,800 per year! Families receiving social assistance are eligible for the benefit too, and it isn’t deducted from Ontario Works or Ontario Disability Support Program. The Hamilton Roundtable for Poverty Reduction, City of Hamilton and community partners want to make sure everybody who is eligible can access the money to which they are entitled. There are plans in the works to expand free community tax clinics in Hamilton.