Tax Credits

 

Thank you for considering a donation to the Liberal Party of Newfoundland and Labrador.

The allowable tax credits from Newfoundland and Labrador income tax for an individual taxpayer and a corporation are:

• 75% of the first $100 of total contributions
• 50% of the next $450 of total contributions
• 33 1/3% of the next $600

The maximum credit allowable is therefore calculated to be $500.

For additional information on tax credits please use the link below:
Income Tax Credit Available for Contributions