Finance - Tax Credits, Incentives and Benefits Programs - Political Contributions Tax Credit

Political Contributions Tax Credit

This is a non-refundable credit equal to the lessor of $500 or the sum of 75% of the first $100 of contributions, 50% of the next $450 of contributions and 33.3% of the next $600 in contributions. Contributions can be made to a registered candidate or political party. Official receipts for political contributions must accompany the individual's personal income tax return. To find out more details about this credit , please refer to section 47 of the Income Tax Act.

Income Tax Act

For more information about the Political Contributions Tax Credit, please contact:

Department of Finance
Taxation and Fiscal Policy Branch
P.O. Box 8700
St. John's, Newfoundland
A1B 4J6
Telephone: (709) 729-3166
Fax: (709) 729-2070
E Mail: TaxPolicy@mail.gov.nl.ca

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