Hey all,
Just learned that there are new UCCB changes taking affect this year, as of January. I think prior to, it was paid out to those with children under the age of 7, now those with children under the age of 18 will be receiving UCCB, as well.
I know that the UCCB and CCTB have been discussed a lot on here, whether or not they're to be factored in when calculating child/spousal support. I have read that the UCCB is NOT to be factored in when calculating child support, however it is to be added to one's line 150 when determining section 7 expenses. Easy enough, I think.
My first question is, do all those with children under the age of 18 receive the UCCB/CCTB? Or if your family income is too high, (whatever this amount might be) you're not eligible?
My second question is, if Mom is eligible, does anyone know how to calculate what she will receive in the UCCB monthly? Mom and Dad determine their proportions for daycare expenses each month, based on last year's incomes
Their incomes are based on their previous year's line 150, but the UCCB goes into effect this year for D8.
Below is a link to new family tax credits, if interested.
https://simpletax.ca/blog/2014/new-family-tax-credits
Just learned that there are new UCCB changes taking affect this year, as of January. I think prior to, it was paid out to those with children under the age of 7, now those with children under the age of 18 will be receiving UCCB, as well.
I know that the UCCB and CCTB have been discussed a lot on here, whether or not they're to be factored in when calculating child/spousal support. I have read that the UCCB is NOT to be factored in when calculating child support, however it is to be added to one's line 150 when determining section 7 expenses. Easy enough, I think.
My first question is, do all those with children under the age of 18 receive the UCCB/CCTB? Or if your family income is too high, (whatever this amount might be) you're not eligible?
My second question is, if Mom is eligible, does anyone know how to calculate what she will receive in the UCCB monthly? Mom and Dad determine their proportions for daycare expenses each month, based on last year's incomes
Their incomes are based on their previous year's line 150, but the UCCB goes into effect this year for D8.
Below is a link to new family tax credits, if interested.
https://simpletax.ca/blog/2014/new-family-tax-credits
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