Local food producers who donate to food banks, charities and school lunch programs can now take advantage of a new BC Tax Credit.
It’s worth 25 % of the fair market value and includes meat, eggs or dairy products, fruits, vegetables, grains, herbs and honey that has been grown, raised or harvested on a farm in BC.
Nelson-Creston MLA Michelle Mungall says it’s not just benefiting the farmers but the entire community.
The BC government introduced the Farmers Food Donation Tax Credit in this year’s budget.
It’s available for the 2016, 2017 and 2018 tax years, and then up for review.