The following companies/organizations are Investors of the Cape Breton Partnership and offer services specific to business development.
Cape Breton Partnership – Business Services
The Cape Breton Partnership provides support, counselling and guidance to businesses at every stage.
READ MORE
Virtual Adviser Program
Get one-on-one support from an experienced business adviser. Our free Virtual Adviser Program powered by BoomersPlus.com will match you with a seasoned professional to help you solve a unique challenge your business is facing during this difficult time. The program is available to businesses operating in Cape Breton. The Virtual Adviser Program is powered by BoomersPlus.com which specializes in matching organizations with seasoned talent to fill project or term roles. Their network includes thousands of professionals, managers and executives ready to share their experience and expertise.
READ MOREShannon McNeil
Business Planning Advisor
285 Alexandra Street, Sydney, NS,
902-562-0122
shannon@capebretonpartnership.com
Visit website
Research and Development Tax Credit
This credit offers tax relief to Nova Scotia corporations that incur qualified scientific research and experimental development (SR&ED) expenditures made in Nova Scotia, as defined by the federal Income Tax Act. The credit is administered by Canada Revenue Agency (CRA) and is claimed in conjunction with federal SR&ED tax credits. The Nova Scotia credit should be claimed on Schedule 340 for taxation years 1998 and later. A 15 per cent rate is applicable to all corporations that incur SR&ED expenditures in Nova Scotia, regardless of size. Eligibility: This credit is based on qualified expenditures eligible for the federal SR&ED tax credit: R&D credit applicant is advised to prepare the federal SR&ED credit filing in preparation for the provincial credit – Federal credit is claimed on form T661 – Nova Scotia tax credit is claimed on schedule 340 of your Nova Scotia T2 form The federal credit rules are detailed and potential claimants are advised to review federal documentation regarding the SR&ED credit
READ MORE
Scientific Research and Experimental Development Tax Incentive Program
Information about the Scientific Research and Experimental Development (SR&ED) Program, including what you need to know to claim SR&ED tax incentives.
READ MORE
Tax Deductions TD1
TD1, Personal Tax Credits Return, is a form used to determine the amount of tax to be deducted from an individual’s employment income or other income, such as pension income. There are federal and provincial/territorial TD1 forms. Individuals complete the forms and give them to their employer or payer who should keep the completed forms with their records.
READ MORE