Cover the transaction fees we are charged (adds $0 to your donation, which is included against your maximum annual political contribution limit) Did You Know? Effective January 1, 2020, you may donate up to $1,625 per year, both nationally and at the riding level, for a total maximum contribution of $3,250. The maximum possible tax credit remains $650.00. Information on contributions Tax Credits All Canadians with taxable income receive generous tax credits when they donate to the Liberal Party of Canada. The size of your reduction in taxes payable depends on the sum of all your political contributions. If you have already made a contribution this year, please use the table below to calculate your cumulative tax credit. Donations between 0 and $400: give you a 75 per cent refund Donations between $400 and $750: give you $300 plus 50 per cent of any amount over $400 Donations over $750: give you $475 plus 33 1/3 per cent of any amount over $750 up to a maximum of $650 per year

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