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Volunteer Tax Credits Increased

Budget 2024 proposed doubling the volunteer firefighter and search-and-rescue tax-credit amounts from $3,000 to $6,000.

Department of Finance Canada said Budget 2024 proposed higher tax credits for volunteer firefighters and search-and-rescue volunteers.

The proposal would double the Volunteer Firefighters Tax Credit and the Search and Rescue Volunteers Tax Credit from $3,000 to $6,000.

Finance Canada said the change would provide up to $450 more in tax relief for eligible volunteers.

Budget 2024 also included an additional $800,000 for wildfire fighting capacity and enhanced training through the International Association of Fire Fighters.

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Filed under Policy. Source type: primary official material.

Policy tax credits public finance Finance Canada tax taxes credit department of finance budget duty

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