Universal Child Care Benefit Increase
Effective 2015 the Federal Government will increase the monthly Universal Child Care Benefit payment from $100 per month to $160 per month for children under the age of 6. Wm. J. Trotter & Associates
Increase to Child Care Expense deductions
The Child Care Expense deduction limits will be increased by $1,000 starting in 2015. The new limits will be as follows: $8,000 for children under 7 $5,000 for children between 7-16 $11,000 for disabled children Wm. J. Trotter & Associates
New Universal Child Care Benefit
The Federal Government is introducing a NEW Universal Child Care Benefit for children aged 6-17. This monthly benefit will be $60 per month. This will take effect July 2015. Wm. J. Trotter & Associates
