Tax refunds and credits 

Looking for more return on your business expenditures? Browse potential tax benefits that can help reduce overhead.

• Apprenticeship Job Creation Tax Credit

  If you hire an apprentice, you could get a tax credit equal to 10% of that person's salary.

• Capital Investment Incentive
  Applies only to: Nova Scotia

  You could be eligible for a reimbursement for buying productivity-enhancing equipment for your business.

• Digital Media Tax Credit
  Applies only to: Nova Scotia

  Your digital media business may be eligible for a refundable tax credit of up to 50% on the cost of developing interactive products.

• Equity Tax Credit
  Applies only to: Nova Scotia

  Attract more equity financing to your corporation or co-operative by telling potential investors about available tax credits.

• Film Tax Credit
  Applies only to: Nova Scotia

  Receive a fully refundable corporate income tax credit for the cost of hiring Nova Scotia residents to work on your film or video production.

• Film or Video Production Services Tax Credit Program

  You may qualify for a tax credit if you employ the services of Canadians in your film or video productions.

• Hiring credit for small business

  As an employer who has paid more EI premiums in 2012 than in 2011, you could get a credit of up to $1,000 toward your payroll account.

• Labour-sponsored venture capital tax credit
  Applies only to: Nova Scotia

  Attract investors to your venture capital corporation by telling them about available tax credits.

• Mitacs Accelerate

  Learn how you can expand your R&D potential by recruiting a graduate student or postdoctoral fellow to research your technology project.

• Research and development tax credit
  Applies only to: Nova Scotia

  You can apply for a 15% tax credit for costs incurred from qualified scientific research and experimental development.

• Scientific Research and Experimental Development Tax Incentive Program

  You can get a tax credit, if you spend money on industrial R&D in Canada.

• Small business deduction

  If you operate a Canadian-controlled private corporation, your business may be eligible for an annual tax credit.

• Tax deduction for new small business
  Applies only to: Nova Scotia

  Find out how you can avoid paying Nova Scotia corporate income tax for the first three years of your new incorporated business.