Political contribution personal income tax credit

The political contribution tax credit is for individuals who make eligible contributions to registered B.C. political parties, registered B.C. constituency associations or candidates for an election to the Legislative Assembly of B.C.

The credit is calculated as the lesser of:

1. The total of:
   • 75% of contributions up to $100
   • 50% of contributions between $100 and $550
   • 33 1/3% of contributions in excess of $550
2. $500

Claiming the credit

You claim the credit when you file your T1 income tax Return. Enter the amount of the credit you are claiming on the British Columbia Tax form (BC428).

The credit is non-refundable. There are no carry-forward or carry-back provisions.

Legislation

The following legislation applies to the political contribution tax credit.

• Income Tax Act (B.C.) Division 2, Section 4.722
• Political Contributions Regulations