The British Columbia (B.C.) Family Benefit is a tax-free monthly payment designed to assist families with children under 18, helping to alleviate the financial pressures associated with raising children. Administered by the Canada Revenue Agency (CRA), this program aims to support low- and middle-income families across the province.
Overview of the B.C. Family Benefit
The B.C. Family Benefit provides monthly financial assistance to eligible families, with amounts determined by family income and the number of children under 18. For the benefit period from July 2024 to June 2025, the program includes a temporary bonus payment to further support families amid rising living costs.
Benefit Amounts and Bonus Details
The benefit amounts vary based on adjusted family net income and the number of children. For the July 2024 to June 2025 period, the maximum annual benefit amounts, including the temporary bonus, are as follows:
| Number of Children | Maximum Annual Benefit per Child (Income <$35,902) | Minimum Annual Benefit per Child (Income $35,902–$114,887) |
|---|---|---|
| First Child | $2,188 | $969 |
| Second Child | $1,375 | $937 |
| Each Additional Child | $1,125 | $906 |
Note: For families with adjusted net incomes above $114,887, the benefit amount reduces by 4% of the income exceeding this threshold until it phases out completely.
In response to economic challenges, the 2024 budget introduced a temporary bonus, providing an average additional $445 per family over 12 months, distributed monthly from July 2024 through June 2025.
Supplement for Single Parents
Low-income single-parent families are eligible for an additional annual supplement of up to $500. This supplement is reduced as part of the overall calculation of the B.C. Family Benefit for those with adjusted family net incomes above $35,902.
Eligibility Criteria
To qualify for the B.C. Family Benefit, families must meet the following criteria:
- Tax Filing: Parents or guardians must file a T1 Income Tax and Benefit Return annually. The CRA uses this information to assess eligibility and calculate benefit amounts.
- Canada Child Benefit Registration: Children must be registered for the Canada Child Benefit (CCB). Registration for the CCB automatically includes consideration for the B.C. Family Benefit.
- Residency: Applicants must be residents of British Columbia. Families moving into or out of B.C. should promptly update their residency status with the CRA to ensure accurate benefit distribution.
- Income Level: The benefit amount is income-tested, with higher benefits allocated to families with lower adjusted net incomes.
Application Process
There is no separate application for the B.C. Family Benefit. Eligibility is determined automatically based on the information provided in the annual tax return and CCB registration. Therefore, timely tax filing and CCB registration are crucial to receive the benefit.
Payment Schedule
The B.C. Family Benefit is disbursed monthly, typically around the 20th, combined with the Canada Child Benefit into a single payment. For example, payments for the November 2024 quarter were issued on November 4, 2024.
Impact of the Benefit
Approximately 340,000 households in B.C. benefit from this program, including about 66,000 families who became eligible for the first time in 2024. This initiative plays a significant role in reducing child poverty and supporting families in managing everyday expenses.
How do I apply for the B.C. Family Benefit?
There is no separate application. Ensure you file your annual income tax return and register your child for the Canada Child Benefit.
What if my family income changes during the year?
The benefit amount is recalculated annually based on the previous year’s income tax return. Significant income changes will be reflected in the following year’s benefit calculation.
Are the B.C. Family Benefit payments taxable?
No, the B.C. Family Benefit payments are tax-free.
