Due to the effects of COVID-19, the Cape Breton Partnership has put together a list of helpful resources.Find more information here.
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.
This credit is based on qualified expenditures eligible for the federal SR&ED tax credit: