Can Canadian companies claim charitable donations?

Answer Canadian companies can claim charitable donations on their income taxes, as long as the contribution is to an approved entity. These include registered Canadian charities, prescribed colleges outsi... Read More »

Top Q&A For: Can Canadian companies claim charitable donations

How much is a Canadian allowed to claim on church charitable donations?

Revenue Canada allows Canadians to claim as much as 75% of their declared income on charitable donations to churches and to registered religious foundations. The federal government permits anyone w... Read More »

How to Claim UK Tax Benefits on Charitable Donations?

Did you know that you can reduce your tax bill just by making a donation to charity? In some cases this figure can be either reclaimed by the charity or used to offset your own tax liability.

How to Itemize Charitable Donations?

You can claim all charitable contributions of money and property donated to qualified organizations only if you itemize your deductions. Itemizing can allow you to reduce your taxable income, lower... Read More »

Are charitable donations tax-deductible?

Charitable donations are tax-deductible if made to a qualified charity. Taxpayers can make the deduction on Form 1040 Schedule A. The taxpayers must itemize their tax deductions to deduct charitabl... Read More »