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Combined
Fed/Prov
Tax Credit
for donation
of $1,000
Federal
15.00%
29.00%
$262.00
n/a
AB (3)
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 (4)
20.00%
24.00%
232.00
494.00
QC federal tax abatement 16.5% reduction
-43.23
SK
11.00%
15.00%
142.00
404.00
YT
7.04%
12.76%
116.16
378.16
The rate for the tax credit for the first $200 of donations is the
lowest personal tax rate, except for Quebec. The rate for the tax credit for donations in
excess of $200 is the highest personal tax rate, except for Alberta and New
Brunswick.
(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. The NB Income Tax Act s. 25 was revised to set
17.95% as the rate to be used for donations over $200 for 2009 and later
years.
(2)
NL rate for amount over $200 reduced from 14.4% for 2010 to 13.3% for 2011
(3)
Alberta has only one tax rate, so sets a rate of 21% for donations over $200.
(4) Quebec does not use the lowest
tax rate of 16% for the first $200 of donations, but the middle tax rate of
20%. The
$262 federal donation tax credit for Quebec
taxpayers is, in effect, reduced by the federal tax abatement of 16.5%. This
reduction is shown separately above because it is separate from the tax
credit on the tax return.
Tax Tip: It is usually best
to claim all donations on the tax return of one spouse. See our Donation
Tax Credit article for more information on this.
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