Incentives

Payroll Rebate

Nova Scotia Business Inc. (NSBI) offers payroll rebates to companies locating or expanding in the province. Payroll rebates are performance-based, and promote employment creation in the province.

Learn More: www.novascotiabusiness.com/en/home/toolkit/financialservices/payrollrebate

R&D Tax Credits

The SR&ED tax credit program at both the Provincial and Federal level is intended to reward companies who do the following:

• Attempt to overcome a technical uncertainty;
• Attempt to advance technology while overcoming the uncertainty;
• Make sure that qualified personnel supervise this scientific process.

The program is not intended to only reward research in its pure form (e.g. basic research in a laboratory). SR&ED can include such efforts as attempting to solve manufacturing problems and developing new products and processes. The key is the attempt to advance technology.

CoRDA can help you connect with the right organization to meet your needs.

Canada Revenue Agency Information:
www.cra-arc.gc.ca/taxcredit/sred/aboutus-e

Nova Scotia Business Inc:
www.novascotiabusiness.com/en/home/toolkit/financialservices/rdtaxcredits