Saskatchewan political contribution tax credit

You can claim a tax credit on contributions made to qualifying political parties or election candidates.

The annual maximum credit is $650 and is calculated as follows:

• 75% of the first $400 contributed
  plus
• 50% of the next $350 contributed
  plus
• 33 1/3% of the next $525 contributed

You cannot carry forward unused amounts for future use.

Claiming the credit

On line 890 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the total amount of qualifying contributions, and on line 624, 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

• Saskatchewan (provincial site)