Closed
Nova Scotia Research and Development Tax Credit
Refundable R&D tax credit for Nova Scotia businesses
Last Update: April 9, 2026
Funding available
Up to 15.000001% of project cost
Timeline
- Closing date : May 17, 2024
Location
Nova Scotia, Canada
Overview
This program provides a fully refundable 15% tax credit on eligible R&D expenditures. It supports scientific research and experimental development carried out in Nova Scotia and claimed alongside federal SR&ED credits.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Conduct research and development activities
Eligible Funding
- Up to 15.000001% of project cost
Timeline
- Closing date : May 17, 2024
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
Location
- Nova Scotia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Scientific research and experimental development carried out in Nova Scotia.
Documents Needed
- Federal SR&ED filing (Form T661)
- Nova Scotia T2 return with Schedule 340
Eligibility
Who is eligible?
- Corporations.
- Corporations that are beneficiaries of a trust.
- Corporations that are members of a partnership.
Eligible expenses
- Qualified scientific research and experimental development expenditures made in Nova Scotia.
- Expenditures eligible for the federal SR&ED tax credit.
Eligible geographic areas
- Nova Scotia.
Processing and Agreement
- The claim is reviewed through the Canada Revenue Agency as part of the tax filing process.
- The credit is claimed together with the federal SR&ED tax credit.
- If the credit exceeds Nova Scotia tax payable, a refund may be issued.
Additional information
- Administered by the Canada Revenue Agency.
- Claimed with federal SR&ED tax credits.
- The credit is claimed on Schedule 340 of the Nova Scotia T2 return.
- Form T661 is used for the federal SR&ED filing.
Contacts
Frequently Asked Questions about the Nova Scotia Research and Development Tax Credit Program
Here are answers to the most common questions about the Nova Scotia Research and Development Tax Credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Nova Scotia Research and Development Tax Credit?
This program provides a fully refundable 15% tax credit on eligible R&D expenditures. It supports scientific research and experimental development carried out in Nova Scotia and claimed alongside federal SR&ED credits.
How much funding can be received?
Nova Scotia Research and Development Tax Credit Funds up to 15.000001% of admissible expenses.
Who is eligible for the Nova Scotia Research and Development Tax Credit program?
To be eligible for the Nova Scotia Research and Development Tax Credit program, you must:
Corporation with a permanent establishment in Nova Scotia.
Scientific research carried out in Nova Scotia.
Eligible federal SR&ED expenditures.
What expenses are eligible under Nova Scotia Research and Development Tax Credit?
Scientific research and experimental development carried out in Nova Scotia.
Who can I contact for more information about the Nova Scotia Research and Development Tax Credit?
You can contact Government of Nova Scotia by email at none or by phone at 902-450-8795.
Where is the Nova Scotia Research and Development Tax Credit available?
The Nova Scotia Research and Development Tax Credit program is available the province of Nova Scotia.
Is the Nova Scotia Research and Development Tax Credit a grant, loan, or tax credit?
Nova Scotia Research and Development Tax Credit is a Tax Credits