Yukon Business Investment Tax Credit

Q: How much funding can be received?

Yukon Business Investment Tax Credit Funds up to 25% of admissible expenses, capped at $25000 per project.

Q: What is the deadline to apply?

The deadline to apply is not specified.

Q: Is the Yukon Business Investment Tax Credit a grant, loan, or tax credit?

Yukon Business Investment Tax Credit is a Tax Credits

Q: Who are the financial supporters of the Yukon Business Investment Tax Credit?

Yukon Business Investment Tax Credit is funded by Government of Yukon, Department of Finance (YK)

Q: Who is eligible for the Yukon Business Investment Tax Credit program?

To be eligible for the Yukon Business Investment Tax Credit program, you must: • The organization must be an incorporated, private corporation. • The organization must maintain a permanent establishment and have its head office located in the Yukon. • The organization must pay at least 25% of its salaries and wages to Yukon residents and not exceed $100 million in assets.

Q: Who can I contact for more information about the Yukon Business Investment Tax Credit?

You can contact Government of Yukon or by phone at 1-866-426-1527.

Q: Where is the Yukon Business Investment Tax Credit available?

The Yukon Business Investment Tax Credit program is available the province of YT.

Q: Are youth (under 40) eligible for the Yukon Business Investment Tax Credit program?

Yes, youth under 40 are eligible to apply for the Yukon Business Investment Tax Credit program.

Last Update: July 22, 2025

YT, Canada

Investment Tax Credit in Yukon

At a glance

Eligible Funding

Max. $25,000
Up to 25% of project cost

Timeline

Open Date : July 1, 1999

Financing Type

Tax Credits

Eligible Industries

Manufacturing
Professional, scientific and technical services

Funds Providers

Unspecified

Program status

Open

Overview

Attract Yukon investors to your organization by issuing shares in exchange for an agreed-upon return and an individual tax credit of 25% on the amount invested.

Financing terms and conditions

This tax credit provides a benefit for individuals investing in designated Yukon organizations, promoting local economic growth. The financing modalities include a fixed individual tax credit with flexible carry-back and carry-forward options.

Offers an individual tax credit of 25% on the amount invested.
Maximum claim for a taxation year is capped at $25,000.
Unused tax credits can be carried back for 3 years or carried forward for up to 7 years.

Activities funded

The Yukon Business Investment Tax Credit encourages investments in eligible Yukon businesses by providing tax credits to investors. The program is geared towards facilitating business growth and development within the territory, primarily through the strategic issuance of shares by Yukon companies.

Issuance of shares by Yukon organizations to resident investors in exchange for investment.

Examples of admissible projects:

$ 25,000

Implementing a digital literacy program for seniors

$ 25,000

Establishing a community kitchen to provide meals to low-income families

$ 25,000

Developing an eco-friendly packaging line for a local beverage company

$ 25,000

Establishing a solar panel installation service

$ 25,000

Launching a mobile health clinic to serve remote communities around Calgary

$ 25,000

Launching an art therapy program for youth at risk

Eligibility

Eligibility for this grant is determined by specific requirements related to the applicant's residency and organization status.

The organization must be an incorporated, private corporation.
The organization must maintain a permanent establishment in the Yukon.
The organization must have its head office located in the Yukon.
The organization must pay at least 25% of its salaries and wages to Yukon residents.
The organization must not exceed $100 million in assets.

Who is eligible?

Families residing in Yukon with dependent children can apply for the Yukon child benefit program.Yukon residents aged 19 and over and Yukon resident organizations can apply for the Business Investment Tax Credit, provided they meet the specified eligibility criteria.Individuals residing on Yukon First Nations Settlement Lands, belonging to specified self-governing First Nations, or other residents once their respective First Nations negotiate agreements, can apply for the First Nations Income Tax Credit.Corporations manufacturing and processing in the Yukon, with specified business sizes, can apply for the Yukon manufacturing and processing profits tax credit.Individuals or corporations making political contributions to recognized territorial political parties or candidates can apply for the political contributions tax credit.Individuals and corporations that have eligible research and development expenses and meet location criteria can apply for the Yukon research and development tax credit.Yukon residents who have paid foreign income tax can apply for the foreign tax credit to avoid double taxation on the same income.

Eligible expenses

The grant supports a range of tax credits aimed at benefiting personal, corporate, and specific community groups within the Yukon. The eligible projects focus on investments, contributions, manufacturing, research, and tax harmonization related to First Nations.

Yukon child benefit and Canada child benefit adjustments for families with children.
Business Investment Tax Credit for investments in eligible Yukon organizations.
First Nations Income Tax Credit for residents on settlement lands to ensure tax parity.
Manufacturing and processing profits tax credit for corporations in the Yukon.
Political contributions tax credit for donations to territorial political entities.
Research and development tax credit for eligible scientific and experimental projects.
Foreign tax credit to prevent double taxation on income taxed internationally.

Eligible geographic areas

This grant is specifically available to organizations established within a defined jurisdiction to ensure alignment with regional benefits.

Organizations located in the Yukon territory.

Selection criteria

There are evaluation and selection criteria for this grant. Applicants will be assessed based on the following criteria:

Investment in an eligible Yukon organization.
Applicant's age and residency status in Yukon.
Compliance with the Yukon Business Investment Tax Credit requirements.

How to apply

Determine Eligibility

Ensure the organization meets all the eligibility criteria for the Business Investment Tax Credit.

Complete the Necessary Forms

Download the YSBITC-1, Business Investment Tax Credit form from the Government of Yukon or CRA website.

Submit the Application

Fill out the YSBITC-1 form with all necessary details regarding the investment and the investor’s information.
Submit the completed application form to the relevant government department managing the tax credit, ensuring all required documentation is included.

Record Keeping

Keep a copy of the submitted application and any supporting documents for your records.

Additional information

Here are additional relevant details for this grant:

Yukon tax credits such as the Business Investment Tax Credit allow for a carry-back period of 3 years and a carry-forward period of 7 years for unused amounts.
Political contributions yield tax credits calculated with specified percentages of the contribution amount, adhering to a maximum limit.
Research and development tax credits require eligibility conditions including residence and location of work.
The foreign tax credit prevents double taxation on income also taxed internationally.

Contacts

1-866-426-1527

Apply to this program

Frequently Asked Questions about the Yukon Business Investment Tax Credit Program

Here are answers to the most common questions about the Yukon Business Investment 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.