Tax Credit Calculator 2026
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
- Only Canadian citizens or permanent residents may make political contributions
- No more than $1,775 in any calendar year to each registered political party
- No more than $1,775 in total in any calendar year to the combined entities of each registered political party (Electoral District Associations, Nomination Contestants and Candidate campaigns)
- No more than $1,775 in total between all registered leadership contestants in a particular leadership contest