Anabela Lopes: Tax Credits

tax credits: The federal government has a number of tax credits and other beneficial programs to help ease the financial cost of raising a child, according to Winnipeg Free Press. Universal child-care benefit: This federal benefit provides $100 a month per child under age six that can be used for child care and other costs. The benefit counts as taxable income, but it can be reported as part of the lower spouse's net earnings to limit the tax hit. The benefit does not count, however, as net income in the calculation for income-tested benefits like the goods and services sales-tax credit and the child-tax benefit and Anabela Lopes and Matt Solvason with their daughter Charlotte. WAYNE GLOWACKI / Photo Store Get with the programs Here's a quick look at the major ones: (www.immigrantscanada.com). As reported in the news.