The new CCB is completely tax-free, meaning the payments are not reported on your tax return or factored into your tax payable calculation. You are, however, required to file an annual tax return to determine your eligibility for the CCB.
As a result, the CCB payments will not be considered income either for your dependent or for the recipient of the CCB.
The new CCB is completely tax-free, meaning the payments are not reported on your tax return or factored into your tax payable calculation. You are, however, required to file an annual tax return to determine your eligibility for the CCB.
As a result, the CCB payments will not be considered income either for your dependent or for the recipient of the CCB.
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