Newfoundland and Labrador political contribution tax credit

You can claim a tax credit on contributions made to registered political parties, registered district associations, or registered non-affiliated candidates, as defined under the Elections Act, 1991, of Newfoundland and Labrador.

The annual maximum credit is $500 and is calculated as follows:

• 75% of the first $100 contributed
  plus
• 50% of the next $450 contributed
  plus
• 33 ⅓% of the next $600 contributed

Claiming the credit

On line 891 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the total amount of qualifying contributions, and on line 500, enter the amount of the credit you are claiming.

Receipts – You do not have to file official receipts with your return. However, keep them in case we ask for them later. We can only accept photocopies if the issuer certifies them as true copies.

Forms and publications

• Schedule 5, Tax Calculation Supplementary – Corporations

Government partners

• Newfoundland and Labrador (provincial site)