Child Tax Benefit
I'm confused about the Child Tax Benefit.
Does the new Canada Child Benefit (CCB) replace both the Universal Child Benefit (UCCB) and the Canadian Child Tax benefit (CCTB)? My tax software - Ufile - shows the calculation of the CCB and the CCTB with payments beginning in July 2016 for both of them.
I am aware that the child amount tax credit at line 367 has been eliminated. Perhaps it was the UCCB and this non-refundable tax credit that were replaced by the CCB. Perhaps the CCTB is continuing along with the new CCB.
Can someone please clarify this for me?
I didn't find the right solution from the Internet.
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