We wanted to provide our donors with some good news from the Canada Revenue Agency (CRA). On January 23, 2025, the CRA issued new guidance regarding the proposed extension deadline for 2024 donations.
The CRA is confirming that it will allow people to claim eligible donations made by February 28, 2025 on their 2024 income tax. This extension will help to lessen the negative impact the postal strike had on charities at the end of last year.
Full details on this guidance and steps to take if you plan to claim eligible donations made between January 1 and February 28, 2025 on your 2024 income tax can be found here.
