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British Columbia interactive digital media tax credit
Refundable support for interactive digital media developers
Last Update: May 27, 2026
Funding available
Up to 25% of project cost
Timeline
- Open continuously
Location
British Columbia, Canada
Overview
This refundable tax credit supports eligible corporations developing interactive digital media products in British Columbia. The credit rate is 25% on eligible salary and wages incurred after August 31, 2025, and 17.5% before September 1, 2025.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
Eligible Funding
- Up to 25% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Information and cultural industries
Location
- British Columbia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development of interactive digital media products
- Provision of eligible activities tied to interactive digital media development
Documents Needed
- Completed Schedule 429
- T2 Corporation Income Tax Return
- Annual or interim financial statements
- List of eligible salaries and wages
- Supporting documents for B.C. registration and business activities
Eligibility
Who is eligible?
- Eligible registered corporations
- Corporations developing interactive digital media products
- Eligible business corporations under the B.C. Small Business Venture Capital Act
Who is not eligible
- Labour-sponsored venture capital corporations
- Corporations with an employee share ownership plan, employee venture capital corporation status, or small business venture capital corporation status
- Corporations controlled by those entities
- Corporations claiming the B.C. SR&ED tax credit for the same year
- Personal services businesses
Eligible expenses
- Eligible salary and wages directly attributable to development activities
Ineligible Costs and Activities
- Marketing, human resource, administrative support, and management activities
- Contractor and subcontractor payments
- Stock options and certain specified employee amounts
- Products that enable gambling with currency
Eligible geographic areas
- British Columbia
Selection criteria
- Eligibility is assessed based on registration, corporate status, presence in B.C., and eligible salary and wages
- The corporation’s principal business or overall business activity must meet the program test
- For registration, the ministry must be satisfied that the corporation is or will be eligible for the tax year
How to apply
- Step 1: Register with the Ministry of Finance
- Complete the registration application in eTaxBC
- Attach the required supporting documents
- Pay the application fee
- Step 2: Receive account access
- Wait for the enrolment letter after approval
- Use the letter to access the IDM account in eTaxBC
- Step 3: File the tax credit claim
- Complete Schedule 429
- File it with the T2 Corporation Income Tax Return
- Submit the claim to the CRA within 18 months after the end of the tax year
Processing and Agreement
- The application is reviewed by the BC Ministry of Finance for registration.
- If approved, an enrolment letter is mailed for eTaxBC access.
- The tax credit claim is then filed with the CRA using the required schedules.
- Refusals or cancellations can be reconsidered by the BC Commissioner of Income Tax.
- Appeals must be filed in Supreme Court within 120 days of notice.
Additional information
- The credit is fully refundable.
- There are no carry-back or carry-forward provisions.
- Late-filed tax credit forms will not be processed.
- Claims are filed with the T2 Corporation Income Tax Return.
Contacts
Frequently Asked Questions about the British Columbia interactive digital media tax credit Program
What is the British Columbia interactive digital media tax credit?
This refundable tax credit supports eligible corporations developing interactive digital media products in British Columbia. The credit rate is 25% on eligible salary and wages incurred after August 31, 2025, and 17.5% before September 1, 2025.
How much funding can be received?
British Columbia interactive digital media tax credit Funds up to 25% of admissible expenses.
Who is eligible for the British Columbia interactive digital media tax credit program?
To be eligible for the British Columbia interactive digital media tax credit program, you must:
Registered with B.C. Finance
Permanent establishment in B.C.
Taxable Canadian corporation
What expenses are eligible under British Columbia interactive digital media tax credit?
Development of interactive digital media products
Provision of eligible activities tied to interactive digital media development
Who can I contact for more information about the British Columbia interactive digital media tax credit?
You can contact Canada Revenue Agency (CRA) by email at ITBTaxQuestions@gov.bc.ca or by phone at 250-387-3332.
Where is the British Columbia interactive digital media tax credit available?
The British Columbia interactive digital media tax credit program is available the province of British Columbia.
Is the British Columbia interactive digital media tax credit a grant, loan, or tax credit?
British Columbia interactive digital media tax credit is a Tax Credits