Fighting For You in Mount Scio

Sheilagh's Campaign

Authorized by the Chief Financial Officer for the NLNDP Mount Scio Sheilagh O'Leary Campaign. Any inquiries can be emailed to: treasurer-ms@nl.ndp.ca.

The Provincial Income Tax Act allows for a credit against NL personal and corporate income taxes payable for a portion of political contributions.

The tax credit available is calculated as follows:

75% of the first $100 of total contributions, and
50% of the next $450 of total contributions, and
33 1/3 % of the next $600 of total contributions for a maximum available credit of $500.

No tax credit is available for contributions greater than $1,150 and there is no provision for the carry over of unused credits to future years.