Bay of Quinte

Tax Credit Calculator

POLITICAL TAX CREDIT FOR INDIVIDUALS

All Canadians with taxable income receive generous tax credits when they donate to the Bay of Quinte Federal Liberal Association.

Contributions made by Canadian residents by December 31 of the tax year are eligible for tax credits.

If you have already made a contribution this year, please use the table below to calculate your cumulative tax credit.

• Donations between 0 and $400: give you a 75 per cent refund
• Donations between $400 and $750: give you $300 plus 50 per cent of any amount over $400
• Donations over $750: give you $475 plus 33 1/3 per cent of any amount over $750 up to a maximum of $650 per year tax credit
• Hint: If you are looking to maximize your tax credit (maximum allowed is $650), your donation has to be $1275.04