Gift Tax Advantages

Philanthropic giving has its benefits. Check out the tax advantages for gifts of $25,000 (using 45 per cent average of top two combined Ontario marginal tax rate):

Schedule	5 Years	After Tax Cost	6 Years	After Tax Cost	8 Years	After Tax Cost
Annual	$5,000	$2,750	$4,170	$2,293	$3,125	$1,719
Bi-Annual	$2,500	$1,375	$2,083	$1,145	$1,562	$859
Quarterly	$1,250	$687	$1,043	$572	$782	$430
Monthly	$417	$229	$348	$190	$260	$143