In August 2024, eligible families in Canada will receive up to $650 per child under the Canada Child Benefit (CCB) program, which also includes dental benefits aimed at easing the burden of dental care costs. This initiative is part of the broader efforts by the Canadian government to support families with young children, ensuring they have access to essential health services. The Canada Dental Benefit, introduced to complement the CCB, provides additional financial support for dental care, significantly benefiting low to moderate-income families.
$650 CCB Payment Date August 2024
The $650 Canada Child Benefit payment in August 2024, combined with the Canada Dental Benefit, represents a significant financial support mechanism for eligible families. By meeting the essential selection requirements and following the application process, families can make sure that they will get the full benefits available to them. This move emphasizes the Canadian government’s attachment to supporting family health and financial stability. For more detailed information on the Canada Child Benefit and the Canada Dental Benefit, the candidate can visit the official Canada Revenue Agency website.
www.canada.ca $650 CCB Payment Date August 2024
| Topic | $650 CCB Payment Date August 2024 |
| Organized by | Canadian government |
| Country | Canada |
| Year | 2024 |
| Amount | $650 |
| Beneficiary | For all the residents in Canada |
| Category | Finance |
| Website | www.canada.ca |
Eligibility for the Canada Child Benefit and Dental Benefits
To get shortlisted for the Canada Child Benefit and the accompanying dental benefits, families must meet certain criteria:
- Income Threshold – The modified family net earnings must not be greater than $90,000. The amount received varies on the basis of income levels:
- Families earning less than $70,000 can receive the full $650 per child.
- Families earning between $70,000 and $79,999 can receive $390 per child.
- Families earning between $80,000 and $89,999 can receive $260 per child.
- Child’s Age – The benefit is available for children not greater than the age of 12 who do not have to give entry to a private dental insurance scheme.
- Tax Filing – Applicants must have filed their taxes for the previous year. For the 2024 period, this means the 2022 tax return must be filed.
- Canada Child Benefit – The child must be a recipient of the Canada Child Benefit (CCB), which requires the child to be under the care of the applicant, and both the applicant and child must reside in Canada.
- Dental Care Services – The dental care services should have been gotten by a dentist – denturist – dental hygienist within the specified benefit periods.
How to enroll for the Canada Child Benefit and Dental Benefits
Enrolling for the Canada Child Benefit which includes the dental benefits, involves a straightforward process through the Canada Revenue Agency (CRA):
- CRA My Account – Applicants can enroll electronically through their CRA My Account. If not already registered, they can sign up for a My Service Canada Account and link it to the CRA.
- Required Information – The application requires details such as the child’s dental care provider’s information, the date of the dental appointment, and the employer details of the applicant and their spouse or common-law partner if applicable.
- Application Deadlines – For the dental benefits, applications for each period must be submitted by the specified deadlines. For instance, the application for the 1st advantage period (1st October, 2022, – 30th June, 2023) had to be submitted by June 30, 2023. Similarly, applications for the second period (July 1, 2023, to June 30, 2024) must adhere to the respective deadlines.
- Payment Processing – Once the application is submitted, the average payment processing time is between 5 to 10 days. Applicants should ensure all information is accurate to avoid delays.
FAQS On $650 CCB Payment Date August 2024
The maximum amount a family can receive is $650 per child under the Canada Dental Benefit, in addition to the regular CCB payments.
Families must have a modified family net earnings of not greater than $90,000. The benefit amount varies based on income, with full benefits for those earning less than $70,000 and reduced benefits for those earning between $70,000 and $89,999.
The candidate can apply electronically via the CRA My Account. Ensure that they have the necessary information, such as the child’s dental care provider’s details and his/her tax information, to complete the application.
Applications must be deposited by the end of the benefit periods respective. For the 2nd period (1st July, 2023 – 30th June, 2024), ensure to apply within this timeframe to receive the benefits.
Yes, families with shared custody can apply, with each parent or guardian receiving half of the benefit amount for each eligible child.
John Wick is a Media and Finance editor, passionate about writing and editing content related to finance and taxes. He has achieved dual degree in Mass Media and Finance From one of the top universities in the World. He is keen to learn new things and changes which take place in the world of Finance and stocks.