The Newfoundland and Labrador Child Benefit (NLCB) is a provincial tax credit paid monthly to help low-income families with the cost of raising children under 18 years of age. If your family net income is below $17,397, you will receive the full benefit.
How much a month is baby bonus?
For each eligible child: under 6 years of age: $6,833 per year ($569.41 per month) aged 6 to 17 years of age: $5,765 per year ($480.41 per month)
What is Newfoundland and Labrador income supplement?
The Newfoundland and Labrador income supplement is a tax-free payment made to low-income individuals and families and persons with disabilities who may be impacted by additional provincial tax measures. The amount is calculated based on your family situation and your adjusted family net income.