Tax Alerts

Donation Tax Credit - Canadians Donating to Canadian Registered Charities

The Canada Revenue Agency (“CRA”) offers a charitable donation tax credit as an incentive to donate in the form of tax savings for the charitable donors. This is a non-refundable tax credit which is applied to reduce taxes payable. Generally, you may claim eligible amounts of gifts up to a limit of 75% of your net income, with an exception for donations of certified cultural property or ecologically sensitive land.  

The chart below listed donation credit rates for the current year:

Phone: 604-688-7800 / 587.401.4900