Tax Time-Preparation is key

As we move into the first few days of the New Year, it’s time to start thinking about your tax return.   As a registered charity, United Way Waterloo Region Communities provides receipts for donation made during the calendar year.      If you’re among our supporters who make donations through payroll deduction, your T4 Slip should state the amount.   That information should be contained in Box 46 on your slip.

 

We have already started sending out some receipts to supporters, and will continue that process for the next few weeks.   If you do not receive a receipt for a 2017 donation please contact our office.

This page provides some excellent information to help you understand charitable donations and the tax system.

People can often be confused about what documents they might need to claim a charitable deduction.   Canada Revenue makes that information available on its website.

If you would like to make a donation for next year’s tax return, it’s never too early.  Just follow this link to learn about how you can support United Way, and reduce your tax bill for 2018

As always, individual situations can vary greatly, and we encourage you to discuss your personal concerns with a tax professional.