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New tax credit for volunteer rescue crews

A new tax credit will be available for those who volunteer their time to keep us safe.

The BC Government has announced that a new tax credit will be introduced for those who volunteers at least 200 hours to a volunteer fire department, an eligible search and rescue organization or a combination of both.

Colin Weibe, Vice President for the Search and Rescue Association says the tax credit will relieve some of the financial burden carried by volunteers.

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The proposed tax credit would match the one currently available federally, meaning volunteers may be eligible for up to $600 in non-refundable tax credits each year.

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