Manitoba Research and Development Tax Credit MN Canada

Manitoba Research and Development Tax Credit

MN, Canada
Tax credit for R&D in Manitoba
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  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|openingDateJanuary 01, 2024
  • grant_single|closingDateDecember 31, 2024
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
  • Construction
  • Manufacturing
  • Information and cultural industries
  • Professional, scientific and technical services
  • Educational services
  • Health care and social assistance
  • Arts, entertainment and recreation
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  • Government of Manitoba
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grant_card_status|open

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Tax credit of 15% for research and experimental development projects in Manitoba.

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This grant is administered by the Canada Revenue Agency on behalf of Manitoba. Companies eligible for the tax benefits must be located within the province or have qualifying operations there.
  • Businesses operating within the province of Manitoba.
grant_single|admissibleProjectsExample

$42,000

Creating a licensed child care center in a workplace

$27,000

Producing an educational video series in the film studio

$90,000

Acquiring advanced machinery for new processing lines in a manufacturing plant

$22,500

Hiring co-op students for a research project in biotechnology

$10,500

Publishing a new book series focusing on environmental sustainability

$26,250

Installing a solar thermal energy system in a co-op housing complex

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Specific eligibility criteria apply to the companies seeking this grant.
  • The company must be a taxable corporation or an exempt corporate entity like a not-for-profit agency, Manitoba Crown entity, municipality, university, school, or hospital.
  • For certain tax credits, the company cannot be a Crown corporation or other provincial government entity.
  • The company must have a permanent establishment or be resident in Manitoba.

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The Manitoba Corporate Tax Credits provide financial incentives for businesses and industries across various sectors, aiming to stimulate economic activities, enhance innovation, and encourage sustainable development in the province.
  • Manufacturing Investment Tax Credit targets businesses acquiring qualified equipment for manufacturing or processing.
  • Film and Video Production Tax Credit applies to production companies undertaking eligible film projects that involve Manitoba residents.
  • Book Publishing Tax Credit supports publishers primarily engaged in book publishing with a permanent establishment in Manitoba.
  • Cultural Industries Printing Tax Credit is for Manitoba printers with a focus on book printing divisions.
  • Research and Development Tax Credit benefits corporations conducting scientific research and development in Manitoba.
  • Paid Work Experience Tax Credits support employers providing work experience through co-op and apprenticeship programs.
  • Green Energy Equipment Manufacturers are eligible for tax credits on purchases related to renewable energy equipment.
  • Child Care Centre Development Tax Credit for corporations creating new licensed child care spaces.

grant_eligibility_criteria|eligible_expenses

This grant offers various tax credits to support different sectors within Manitoba. Eligible projects and activities span across manufacturing, film production, book publishing, research, and more, facilitating economic growth and innovation.
  • The acquisition of qualified plant, machinery, and equipment for first-time use in manufacturing or processing in Manitoba.
  • Film and video productions based on eligible salaries paid to Manitoba residents and qualifying non-resident employees.
  • Book publishing activities, including editing, design, project management, and artwork associated with eligible books.
  • Scientific research and experimental development conducted in Manitoba.
  • Paid work experiences involving hiring of trainee employees and recent graduates, including high school vocational and co-operative education students.
  • Production and purchase of machinery and equipment used to generate renewable energy in Manitoba.
  • Creation of licensed child care centres by corporations not primarily engaged in child care services.

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Eligible expenses for the Manitoba Manufacturing Investment Tax Credit pertain to the acquisition and use of certain properties and equipment, qualifying for the tax subsidy.
  • Acquisition of qualified plant, machinery, and equipment for first-time use in manufacturing or processing in Manitoba.
  • Equipment under class 43.1, used by the firm for their own consumption to produce energy from renewable sources.
  • Equipment that uses energy more efficiently, as classified under class 43.2.
Eligible expenses for the Film and Video Production Tax Credit are primarily related to salaries and production costs.
  • Eligible salaries paid to Manitoba residents and qualifying non-resident employees for work performed on an eligible film or video produced in Manitoba.
  • 30% of tax credit based on production costs incurred and paid, for labour, goods, and services provided in Manitoba directly attributable to the production.
  • Accommodation costs incurred and paid up to $250 per night per unit as eligible tangible property expenditures.
The Book Publishing Tax Credit covers expenses related to labour and printing for eligible publications.
  • Eligible Manitoba labour costs, including non-refundable author advances, remuneration for activities carried out in Manitoba such as salaries for editing, design, project management, and fees to freelancers.
  • Artwork, development of prototype, and setup and typesetting costs.
  • Printing costs incurred and paid in the year of publication or in the immediately following year for books printed on paper with a minimum of 30% recycled content.
Cultural Industries Printing Tax Credit involves expenses associated with salaries and material production.
  • Salaries or wages to employees resident in Manitoba on December 31 of the tax year for their employment in the printer's book printing division.
Research and Development Tax Credit applies to certain R&D activities and associated costs.
  • Eligible expenditures related to scientific research and experimental development carried on in Manitoba.
  • Payments under contracts with qualifying research institutes in Manitoba.
Paid Work Experience Tax Credits focus on expenses related to wages for trainee employees and recent graduates.
  • Wages and salaries paid to eligible student employees and recent graduates working in Manitoba.
No specific eligible expenses were outlined for the Green Energy Equipment Tax Credit from the information provided.
The Child Care Centre Development Tax Credit involves funding for creating new licensed child care spaces.
  • The cost of creating new licensed child care spaces in the workplaces.

grant_single_labels|criteria

The Evaluation and Selection Criteria for the Manufacturing Investment Tax Credit in Manitoba are:
  • Evidence of acquisition of qualified plant, machinery, and equipment for first-time use in manufacturing or processing in Manitoba
  • Demonstration of meeting eligibility requirements as per program guidelines
  • Compliance with all submission deadlines and documentation requirements
  • Financial viability and sustainability of the business applying for the tax credit
  • Applicant's alignment with the objectives of the program and contribution to economic growth

grant_single_labels|register

Here are the steps to apply for this grant:
  • Step 1: Determine Eligibility
    • Review the eligibility criteria specific to the tax credit you are applying for, whether it is the Manufacturing Investment Tax Credit, Film and Video Production Tax Credit, or another option listed.
    • Contact the relevant department or office for clarification if needed.
  • Step 2: Compile Required Documentation
    • Gather all necessary documentation that supports your application, including proof of eligible expenditures, details of qualified projects, and any other prerequisites stated in the specific tax credit options.
    • Prepare financial statements and tax documents which may be required for submission.
  • Step 3: Complete Tax Credit Application Form
    • Fill out the official tax credit application form provided by the Manitoba Tax Assistance Office or the relevant body handling the specific credit application.
    • Ensure that all sections of the application form are accurately completed to avoid delays in processing.
  • Step 4: Submit Application
    • Send the completed application form and required documentation to the Manitoba Tax Assistance Office, unless otherwise directed by the program guidelines.
    • Ensure submission is before any stated deadlines to qualify for the credit in the intended fiscal year.
  • Step 5: Confirmation and Follow Up
    • Await confirmation of receipt from the Tax Assistance Office or administering body.
    • Retain any confirmation correspondence for your records and future reference.
    • Contact the relevant office if no confirmation is received within the specified timeframe to ensure your application is being processed.

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Here is additional relevant information regarding Manitoba's Corporate Tax Credits:
  • Certain tax credits, like the Film and Video Production Tax Credit, allow producers to choose between a labour-based credit or a production-based credit, offering flexible options depending on the nature of the production costs.
  • Many tax credits are administered in collaboration with the Canada Revenue Agency, ensuring a streamlined process for applicants who may also be eligible for federal incentives.
  • Some credits, such as the Research and Development Tax Credit, offer varying levels of refundability based on when the expenditures were incurred, allowing for greater flexibility in financial planning.
  • Tax credits such as the Cultural Industries Printing Tax Credit have eligibility criteria that extend beyond Manitoba, allowing publishers from anywhere in Canada to participate, provided certain conditions are met.
  • Programs like the Green Energy Equipment Tax Credit are part of broader initiatives to promote sustainability and renewable energy development in Manitoba.

grant_single_labels|contact

artsbranch@gov.mb.ca
204-948-2115

Apply to this program