The Canada Revenue Agency provides Alberta Child and Family Benefits 2024 to the low- and middle-income group families of Alberta who have children below 18 years. It is a three-monthly tax-free payment that helps families in taking care of their children. The ACFB Amount 2024 will vary depending on the beneficiary’s number of children. In this article, we have discussed the $1510 ACFB Payment Date August 2024, its eligibility criteria, payment amount, and more.
$1510 ACFB Payment Date August 2024
The provincial government of Alberta is going to give their 3rd installment on the 27th of August 2024. There is no need to apply for the benefit separately, the department will check your eligibility from your tax return report. If the beneficiaries fulfil the $1510 ACFB Eligibility 2024, they will get the payment in their bank account or via cheque. To get the maximum benefit of ACFB your income has to be below CAD 27,024. After that, your benefit amount will start to decrease. The base component is offered regardless of whether the recipient is employed or unemployed. The families getting income more than CAD 2760 can get the maximum benefit of working component. The benefit amount would be more if the family worked more. You can check the precise amount over the ACFB calculator.
Canada Alberta Child and Family Benefits 2024- Overview
| Article Name | $1510 ACFB Payment Date August 2024 |
| Country Name | Canada |
| Department | Canada Revenue Agency |
| Provision | Alberta |
| Beneficiaries | Eligible families having children under 18 |
| $1510 Alberta CFB Payment Date 2024 | 27th August 2024 |
| Maximum Base Component Amount | CAD 1510 for 1 child |
| Maximum Working Component Amount | CAD 752 for 1 child |
| Frequency of the payment | Quarterly |
| Category | Financial Aid |
| Official Website | canada.ca |
What is Alberta Child and Family Benefits?
The Alberta Child and Family Benefits (ACFB) is constituted to help low-income families with children below eighteen years old. Families residing in Alberta, Canada can avail of the ACFB benefit, only if they have filed tax returns for the preceding year. It includes the working component and base component. The base component is given to low-pay families with children, it doesn’t matter if they earn any working income or not. The Working Component is given to individuals whose family work income exceeds CAD 2760. To encourage them more the families who work are given more benefits as compared to others. The CRA gives out the Alberta Child and Family Benefits on the 27th of each quarter via mail or direct deposit.
Canada ACFB Eligibility 2024
Beneficiaries applying for the Alberta Child and Family Benefits have to meet the required eligibility set by the CRA. You can find the necessary Canada ACFB Eligibility 2024 in the section presented below:
- You have to be a permanent inhabitant of Alberta, Canada.
- If you have a child under eighteen, you are eligible for the ACFB program.
- You should have filed your tax return for the last year.
- You have to meet the certain income requirements set by CRA.
How much ACFB Amount in 2024 you will get?
The table stated below will define the maximum benefit amount that you can receive in the ACFB Program 2024. The CRA gives out the ACFB in 2 components which are the base component and the working component. In the base component, if the family’s net income exceeds CAD 27,024 the benefit amount would start to reduce. The maximum base component varies between CAD 1,510 to CAD 3,674 depending on the no. of children for July 2024 to June 2025 period. You will be eligible for:
| Number of Children | Maximum ACFB Base Component | Monthly Amount |
| 1 Child | CAD 1,510 | CAD 125.83 |
| 2 Child | CAD 2,204 | CAD 183.66 |
| 3 Child | CAD 2,939 | CAD 244.91 |
| 4 Children or more | CAD 3,674 | CAD 306.16 |
In the working component, if the family’s net income exceeds CAD 2,760 the benefit amount would start to reduce. The maximum working component varies between CAD 752 to CAD 1,982 depending on the no. of children for July 2024 to June 2025 period. You will be eligible for:
| Number of Children | Maximum ACFB Working Component | Monthly Amount |
| 1 Child | CAD 752 | CAD 62.6 |
| 2 Child | CAD 1437 | CAD 119.75 |
| 3 Child | CAD 1847 | CAD 153.91 |
| 4 Children or more | CAD 1982 | CAD 165.16 |
$1510 Alberta CFB Payment Date 2024
Alberta provincial government funds the Alberta Child & Family Benefit Program 2024. It is issued separately from the Canada Child Benefits payments. The payments are provided in four equal quarters to the eligible families. Generally, the payments are given in August, November, February, and May on the 27th of each quarter. In case, of any holiday you will get ACFB on the previous business day. Check the table underneath to know the precise payment dates of $1510 ACFB 2024:
| Quarters | $1510 Alberta CFB Payment Date 2024 |
| 1 | 27 August 2024 |
| 2 | 27 November |
| 3 | 27 February |
| 4 | 27 May |
$1510 ACFB Payment Date August 2024 FAQs
Alberta Child & Family Benefit is a non-taxable payment. Alberta provincial government gives out the ACFB payment to help out lower & middle income families with children below 18 years living in Alberta.
The individual with children aged below 18 must be an inhabitant of Alberta. And he/she must file their tax return regularly. Those who fulfil the Canada ACFB Eligibility 2024 would be eligible for the benefit.
The ACFB payment is given on the 27th of each quarter i.e. in May, August, November, and February.