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United Way of Thunder Bay Tax Savings

Your donations help others... The tax savings help you!

The Facts:Donations to charity reduce taxes (federal and provincial) in the form of a credit against taxes payable.
In Ontario, individuals receive combined federal and provincial tax credits at the rate of approximately 20% to 23% on the first $200 of donations in a year, and 40% to 46 1/2% for donations in excess of $200 in a year. The system rewards extra giving - the more you give, the larger your tax credit and the less income tax you pay.