More Red Tape for business to comply with because the government does not trust families with kids that apply for dental benefits.
If you do not comply you will face financial penalties.
A new box on employer-offered dental benefits has been added to the T4 and T4A slips. Employers must declare annually the dental care insurance they offer to their employees.
Learn more: https://ow.ly/4j9e50Qe5IF
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https://www.canada.ca/en/revenue-agency/services/child-family-benefits/dental-benefit.html
The interim Canada Dental Benefit is intended to help lower dental costs for eligible families earning less than $90,000 per year. Parents and guardians may be eligible if they pay for dental care for a child under 12 years old who does not have access to a private dental insurance plan.
Dental costs fully paid by other programs
If an eligible child's dental costs are fully paid for by another government program with no direct cost to you, those services do not qualify for this benefit. Check your child's eligibility for other programs before you apply.
Depending on your adjusted family net income, a tax-free payment of $260, $390, or $650 is available for each eligible child. You can apply for a maximum of 2 payments per child.
Applications are open until June 30, 2024 for:
dental care received between July 1, 2023 and June 30, 2024
one additional payment if you meet the criteria
Benefit payments are administered by the Canada Revenue Agency (CRA).
