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.

• Apprenticeship Training Tax Credit
  Applies only to: Ontario

  You may qualify for an annual tax credit of up to $10,000 per qualifying apprentice to a maximum of $40,000 over a 48 month period.

• Co-operative Education Tax Credit
  Applies only to: Ontario

  YYou may be eligible for a refundable tax credit of up to $3,000 if you hire an Ontario co-op student.

• Computer Animation and Special Effects Tax Credit
  Applies only to: Ontario

  Your corporation may qualify for a 20% refundable tax credit based on labour expenses for computer animation and special effects activities.

• Farm Property Class Tax Rate Program
  Applies only to: Ontario

  If you own a farm, you could save 75% of the municipal residential tax rate.

• 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.

• Gasoline used in unlicensed business equipment
  Applies only to: Ontario

  You could get a tax refund if you bought gasoline for use in your unlicensed business equipment.

• 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.

• Mitacs Accelerate

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

• Ontario Book Publishing Tax Credit
  Applies only to: Ontario

  You may be entitled to a 30% refundable tax credit, to a maximum of $30,000 per literary work, if you publish or promote work by a Canadian author.

• Ontario Film and Television Tax Credit
  Applies only to: Ontario

  If you are an Ontario film or television producer, you may qualify for a refundable tax credit based on labour expenses for productions in Ontario.

• Ontario Innovation Tax Credit
  Applies only to: Ontario

  You may be able to claim a 10% tax credit for scientific research and experimental development done by your Ontario-based corporation in Ontario.

• Ontario Interactive Digital Media Tax Credit
  Applies only to: Ontario

  You could be eligible for a tax credit toward the labour and marketing costs of your digital media production.

• Ontario Production Services Tax Credit
  Applies only to: Ontario

  Your production company could be eligible to receive a refundable tax credit for production expenses.

• Ontario Research and Development Tax Credit
  Applies only to: Ontario

  Find out if you qualify for a tax credit for your research and development expenditures.

• Ontario Sound Recording Tax Credit
  Applies only to: Ontario

  Your Ontario corporation may qualify for a 20% refundable tax credit for expenses related to the production of a sound recording or music video.

• Ontario Tax Exemption for Commercialization
  Applies only to: Ontario

  Your start-up corporation may be eligible for a tax exemption if you sell new products developed by Canadian colleges or universities.

• Ontario business research institute tax credit
  Applies only to: Ontario

  You could be eligible for a refundable tax credit for scientific research and experimental development in Ontario.

• 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 refund for power takeoff equipment
  Applies only to: Ontario

  You may qualify for a refund if you paid tax on fuel used in Ontario to operate power takeoff equipment.