Nova Scotia benefits

From the All the Numbers wiki · Retirement and benefits

CRA pays both, on the family's net income from the year before last (the same base year as the Canada Child Benefit).

Nova Scotia Child Benefit

$1,525 a year for each child under 18, paid monthly with the CCB. A family under $26,000 gets all of it. From there to $34,000, a family with one child still gets the full amount, and one with more gets one child's amount in full and 50% of the rest. From $34,000, nothing is paid.[1]

Affordable Living Tax Credit

$255 a year for a person or couple and $60 for each child, less 5% of family income over $30,000, paid a quarter at a time in January, April, July and October.[2]

What it does not do

The child benefit for a child in shared custody is not modelled: the rules give no split, so the plan stops with a reason. See income tax in Nova Scotia.

See also

  • Canada Child Benefit · A monthly tax-free payment for each child under 18, paid to the person who cares for them and reduced as family income rises above about $38,000. The engine can calculate it; the planner does not ask about children, so plans do not include it.
  • Income tax in Nova Scotia · Nova Scotia taxes income in five brackets from 8.79% to 21%, indexes only some of its amounts, and has a low income tax reduction, an amount for young children and an age tax credit.

References

  1. ↑Nova Scotia Child Benefit Regulations s.3: "NSCB = [1/12 (A × B)] − C where A is $1525 for each qualified dependant"; s.4: "less than $26 000, C equals zero … equal to or greater than $26 000 and less than $34 000, (a) if there is only 1 qualified dependant … C = 0 (b) if there is more than 1 … C = 1/12 × 50% (A × B − A)"; CRA (July 2026 to June 2027): "$127.08 for each child under 18 … between $26,000 and $34,000, you may get part of the benefit" · Nova Scotia Child Benefit: an amount a year for each child under 18, paid monthly with the CCB; partly reduced between two family-income thresholds, nil above the second · See the source · effective 2026-07-01
  2. ↑Nova Scotia Affordable Living Tax Credit Regulations s.3: "¼ of the amount, if any, determined by the formula (A + B) − C … A is … $255 for the 2011 and subsequent taxation years … B is … $60 times the number of qualified dependants … C is 5% of the amount, if any, by which the eligible individual’s adjusted income … exceeds $30,000"; s.5: July, October, January and April; CRA page (July 2026 to June 2027) · Nova Scotia Affordable Living Tax Credit: an amount for an individual or couple and for each child, less a rate of family income over a threshold; paid quarterly with the federal credit · See the source · effective 2011-07-01