Charitable Donations in Canada: How to Save the Most Tax

By |2022-07-20T02:02:38+00:00July 3rd, 2022|Business|

As a business owner in Canada, you may be wondering the best way to make charitable donations. Should you make charitable donations through your corporation or personally? There are specific guidelines when it comes to both options. Tax credits and deductions can only be claimed if you adhere to those guidelines.  In this blog post, we'll explore the ins and outs of making charitable donations, through your corporation or personally, and help you decide which option is best for you. What is the charitable donation tax credit? The charitable donation tax credit is a non-refundable tax credit you can claim on [...]