| June 13th, 2017 04:29 PM | |
| Vishal Kotkar | Re: what is ncbs canada The National Child Benefit (NCB) initiative is a partnership among the federal, provincial and territorial governments that aims to help prevent and reduce the depth of child poverty, support parents as they move into the labour market and reduce overlap and duplication of government programs. Under the NCB, the Government of Canada has increased the benefits it pays through the NCB Supplement to low-income families with children, regardless of their source of income. Provinces and territories and First Nations have the flexibility to adjust social assistance or child benefit payments by an amount equivalent to the NCB Supplement. The NCB combines two key elements: monthly payments to low-income families with children, and benefits and services designed and delivered by the provinces and territories to meet the needs of families with children in each jurisdiction. The NCB works to reduce the welfare wall by providing child benefits outside of welfare and ensuring that enhanced benefits and services continue when parents move from social assistance to paid employment. The national child benefit supplement (NCBS) is included in the Canada child tax benefit (CCTB) and paid monthly to low-income families with children under 18 years of age. The NCBS amounts for July 2015 to June 2016 are: $2,279.92 ($189.91 per month) for the first child $2,016.00 ($168.00 per month) for the second child; and $1,917.96 ($159.83 per month) for each additional child If you income is higher than $26,021, the NCBS will be reduced. The reduction is calculated as follows: One-child family: $12.2% of the amount of the adjusted family net income that is more than $26,021 Two-child family: $23% of the amount of the adjusted family net income that is more than $26,021 Three-child family: 33.3% of the amount of the adjusted family net income that is more than $26,021 If you are on social assistance, the NCBS may affect the amount of your social assistance payments. |
| June 13th, 2017 04:27 PM | |
| Unregistered | Re: what is ncbs canada What is the National Child Benefit in Canada so can you tell me? Also provide me the details regarding this? |
| June 8th, 2016 12:31 PM | |
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