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Gain Tax Advantages Donate to The Fairlawn Neighbourhood Centre in 2010
Need to reduce your taxes? Want to pay fewer taxes on capital gains? Looking for a way to support and sustain the great community services offered by The Fairlawn Neighbourhood Centre( FNC)? Consider a donation to the Centre in 2010 and receive an official tax receipt in return!
1. WRITE A CHEQUE: As an individual you will receive a federal tax credit equal to 17% of the first $200 you give to a registered charity and 29% credit for any donations you make in excess of $200. The more you give the greater your tax credit …right off the bottom line! For example, if you make a $500 donation to the FNC your tax credit would be as follows: 17% of first $200=$34 plus 29% of remaining donation $300= $87 or a total tax credit of $121 applied to income tax owed.
2. DONATE A PUBLICLY TRADED SECURITY: To explore the benefits of such a donation, call Sandra Dockman,CFP at 416-218-8707 x 3920 or email Sandra.Dockman@manulifesecurities.ca Sandra is volunteering her time to help make your FNC donation happen. Or just call us at 416-488-3446
We're ready to put your charitable donation to work in a way that will make a difference!
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