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Financial Information 		Donations Tax Credit Rates 2011

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Filing Your Return -> Donations Tax Credit -> 2011 Rates

2011 Donation Tax Credit Rates

  First
$200		 Amount
over
$200		 Tax Credit
for donation
of $1,000		 Combined
Fed/Prov
Tax Credit
for donation
of $1,000
Federal 15.00% 29.00% $262.00  
AB 10.00% 21.00% 188.00 $450.00
BC 5.06% 14.70% 127.72 389.72
MB 10.80% 17.40% 160.80 422.80
NB (1) 9.10% 17.95% 161.80 423.80
NL (2) 7.70% 13.30% 121.80 383.80
NS 8.79% 21.00% 185.58 447.58
NT 5.90% 14.05% 124.20 386.20
NU 4.00% 11.50% 100.00 362.00
ON 5.05% 11.16% 99.38 361.38
PE 9.80% 16.70% 153.20 415.20
QC 20.00% 24.00% 232.00 494.00
SK 11.00% 15.00% 142.00 404.00
YT 7.04% 12.76% 116.16 378.16

 (1) NB rate for first $200 reduced from 9.3% in 2010 to 9.10% for 2011.    The top NB personal rate was reduced from 17.95% in 2008 to 17% in 2009, and 14.3% for 2010 and 2011, and their Income Tax Act states that the top personal rate is to be used for donations over $200, yet 17.95% continues to be used by Canada Revenue Agency in the NB tax forms, and has been confirmed by NB as the rate they are using.
 (2) NL rate for amount over $200 reduced from 14.4% for 2010 to 13.3% for 2011

 

Tax tip:  claim all donations on the tax return of one spouse.

 

Revised: February 12, 2012

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