Is child tax credit considered social assistance or welfare?

[ama25]

Is child tax credit considered social assistance or welfare? I'm sponsoring my husband and I get a child tax credit every month. I'd like
to know if 1-CIC considers that welfare or socia assistance and 2-should I add that amount in the evaluation form imm 5481 as part of my net personal income for the year?

 

[profiler]

No, it's not. It's a tax benefit. You'd know if you were in receipt of Welfare...

 

[ama25]

Should it be included in my net income for the year?

 

[profiler]

Should it be included in my net income for the year?

Your net income would be found on Option C or your 2015 NoA. You will need to supply either of these in your sponsorship application anyway.

 

[ama25]

Thanks for your reply.

Just a quick question. Is it mandatory that you type the amount you made during that year?

 

[profiler]

Just a quick question. Is it mandatory that you type the amount you made during that year?

You will have to provide an income tax assessment as a sponsor. If it's not reported income, then you in theory could omit it. I wouldn't recommend that though as it could lead you down the road to misrepresentation.

 

[ama25]

On the evaluation form, question 3 says: your net personal income for the 12 months period preceding the date of your application.

 

[profiler]

On the evaluation form, question 3 says: your net personal income for the 12 months period preceding the date of your application.

Yes, you should include that. Include your CTBB, and anything else that would be taxable.

 

[ama25]

So, I should just calculate it myself?

 

[profiler]

So, I should just calculate it myself?

Yes. I think they expect people are calculating as best they can. So if the amount is reasonably close, I don't think it will matter too much.

 

[ama25]

Thank you so much..