Campaign Tool Kit

Tax Guidelines

How is my tax credit calculated?

In 2010, the first $200 you donate is eligible for a federal tax credit of 15% of the donation amount. After the first $200, the federal tax credit increases to 29% of the amount over $200. Generally, you can claim all or part of this amount up to a limit of 75% of your net income. For gifts of certified cultural property or ecologically sensitive land, you may be able to claim up to 100% of your net income.

You may also be eligible for a provincial tax credit. The amount of the provincial tax credit available varies between provinces.

Donations must be made by December 31 st to be claimed against your income for the current year. However, you do not have to claim all of the donations you made this year on your current-year return. You can carry forward any donations you do not claim in the current year and claim them on your return for any of the next five years. You can only claim donations once.

Source : http://www.cra-arc.gc.ca/chrts-gvng/dnrs/fq/menu-eng.html#q17

Designating Your Donation:

As a service to our donors you can direct a portion of your gift to any registered Canadian charity. You must include the Charitable Tax Number on your form.

Chartable Tax Numbers (BN/Registration) can be found at: http://www.cra-arc.gc.ca/tx/chrts/

Video

What's it all about?

What's in it for me?

Where do I begin?