New Small Business Tax Deduction
Nova Scotia
Government of Nova Scotia, Finance and Treasury Board
Program Contact Details
Samantha.Thomson@novascotia.ca
902-424-5388
Industry
All businesses are eligible except those involved in the professional practices of accountants, dentists, lawyers, medical doctors, veterinarians, or chiropractors.
What is this funding for?
Tax credit for newly incorporated Nova Scotia businesses
Program Description
The New Small Business Tax Deduction (also known as the Corporate Tax Holiday) eliminates provincial corporate income tax for eligible new small businesses for the first 3 taxation years after incorporation.
Steps to Apply
1. Review eligibility criteria
2. File corporate income tax return and Schedule 341 with the CRA
3. Complete the New Small Business Tax Deduction application form
4. Gather required supporting documents
5. Submit the application and documents via email to the New Small Business Tax Deduction Administrator
Need help with business funding?
Our expert consultants have got you covered!
Grant Fund Pro has always been about making funding accessible for businesses, no matter the size. If you're looking to save time in applications or just checking what programs are available for you, our team is here to help.
The information you provide in this form is kept private and is processed only to determine your eligibility for current funding opportunities and to connect you with the most suitable programs for your business.
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