ARCHIVED - 5004-PC Information for Residents of New Brunswick

All the information you need to calculate your New Brunswick tax and credits is on the following pages. You will find two copies of Form NB428, New Brunswick Tax, and Form NB479, New Brunswick Credits, along with the instructions on how to complete them. Complete the forms that apply to you and attach a copy to your return

What's new for 2000?

The way you calculate your New Brunswick tax has changed. It is no longer a percentage of federal income tax. New Brunswick tax will now be calculated by applying provincial tax rates to taxable income (line 260 of your return). Provincial non-refundable tax credits are then deducted from this amount.

Form NB428, New Brunswick Tax, reflects this change.

New Brunswick Child Tax Benefit

The New Brunswick Child Tax Benefit (NBCTB) is a tax-free monthly payment provided to qualifying families with children under age 18 living at home.

The New Brunswick Working Income Supplement, part of the NBCTB program, is an additional benefit provided to qualifying families with earned income and children under age 18. These benefits are combined with the Canada Child Tax Benefit into one monthly payment.

Under the NBCTB, you may be entitled to receive a basic annual benefit of $250 for each child under age 18 ($20.83 per month). The amount of the basic benefit is reduced if your family net income is more than $20,000.

The working income supplement is an additional annual benefit of up to $250 per family ($20.83 per month). It is phased in once family earned income is more than $3,750, reaches the maximum benefit at $10,000, and is fully phased out when family net income reaches $25,921.

You do not have to apply separately to receive payments under this program. We will use the information from your Canada Child Tax Benefit application to determine your eligibility for the program.

You (and your spouse) should file your 2000 return(s) as soon as possible. The information you (and your spouse) file on your return(s) will determine how much you will get starting in July 2001.

The program is fully funded by the Province of New Brunswick.

For more information on the New Brunswick Child Tax Benefit, call toll free 1-800-387-1193.

If you have questions…

If you have questions about New Brunswick tax and credits, contact the Canada Customs and Revenue Agency (CCRA) at 1-800-959-8281.

The address and telephone numbers of your tax services office are listed in the federal government section of your telephone book and on the CCRA's Web site at: www.ccra-adrc.gc.ca/tso/