Tax Benefits
Tax Benefits
Tax benefits make it easier to be generous to your community. In fact, federal and provincial tax credits cut the cost of your donation nearly in half. When a gift is divided over a number of pay periods, many find Leadership Giving is not out of reach. Gifts of securities are even more tax beneficial.
| Gift Amount | Cost per day (after tax) | Cost per pay* (after tax) | Total Cost of Gift** | |
| Benefactor | $25,000 | $41 | $577 | $14,998 |
| Partner | $10,000 | $17 | $232 | $6,022 |
| Pathfinder | $5,000 | $8 | $117 | $3,030 |
| Patron | $2,500 | $4 | $59 | $1,534 |
| Builder | $1,500 | $3 | $36 | $936 |
| Leader | $1,000 | $2 | $24 | $637 |
| Friend | $500 | $1 | $13 | $337 |
| Note: Figures are rounded up to the nearest dollar |
* Figures are applicable to Ontario residents only. The tax credit amount will vary for individuals depending on their personal income level. All donors are allowed a tax credit for donations to a maximum of 75% of taxable income in each taxation year.
** Based on 26 pay periods
For more information on Tax Benefits please call 905.527.4543 or contact uway@uwaybh.ca
** Based on 26 pay periods
For more information on Tax Benefits please call 905.527.4543 or contact uway@uwaybh.ca
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