In 2024, the contribution limit to registered provincial political parties in Ontario is $3,375.
All Ontarians are eligible for generous refundable tax credits when they make provincial political contributions, payable to the contributor whether or not they have taxable income. The amount of your tax credit depends on how much you give:
- 75% on the first $486.62;
- 50% on the portion between $486.62 and $1,622.08;
- 33.33% on the portion above $1,622.08.
- Maximum tax credit is $1,622.08
One-time* | Monthly* | Annual Tax Credit | Actual Cost |
---|---|---|---|
$50.00 | $4.16 | $37.50 | $12.50 |
$100.00 | $8.33 | $75.00 | $25.00 |
$250.00 | $20.83 | $187.50 | $62.50 |
$500.00 | $41.67 | $371.66 | $128.34 |
$1,500.00 | $125.00 | $871.66 | $628.34 |
$3,375.00 | $281.25 | $1,516.94 | $1,858.06 |
* Total, cumulative annual contribution. This information is provided for guidance only. Please consult the Ministry of Finance or Elections Ontario for further information.