British Columbia political contribution tax credit

You can claim a tax credit on contributions made to registered British Columbia political parties, registered British Columbia constituency associations, or to candidates for an election to the Legislative Assembly of British Columbia, as follows:

• 75% of the first $100 contributed;
  plus
• 50% of the next $450 contributed;
  plus
• 33 1/3% of the amount contributed that is more than $550, to a maximum credit of $500.

For more information about this credit, see section 20 of the British Columbia Income Tax Act.

Claiming the credit

On line 896 of Schedule 5, Tax Calculation Supplementary - Corporations, enter the total amount of qualifying contributions, and on line 653, 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

• British Columbia (provincial site)