Tax Credit Details

Personal Tax Credit Information

A riding association can accept $1240 annually from any individual over the age of 14 and any incorporated company.

Tax Credit

Donation Credit Your Cost
$50.00 $37.50 $12.50
$100.00 $75.00 $25.00
$150.00 $112.50 $37.50
$250.00 $187.50 $62.50
$500.00 $334.00 $166.00
$1,240.00 $713.00 $527.00

Personal Tax Credit Calculations

Contributions Credit Calculation Maximum
Up to $372 75% of contribution $279
$372 to $1,240 $279 plus 50% of the amount over $372 $713