- Apprenticeship Training Tax Credit
- You may qualify for an annual tax credit of up to $10,000 per qualifying apprentice to a maximum of $40,000 over a 48 month period.
Organization(s): Canada Revenue Agency, Ministry of Finance (MOF), Ministry of Training Colleges and Universities (MTCU) - Employment Ontario (EO). - Computer Animation and Special Effects Tax Credit
- Your corporation may qualify for a 20% refundable tax credit based on labour expenses for performing computer animation and special effects activities.
Organization(s): Ontario Media Development Corporation (OMDC), Canada Revenue Agency, Ministry of Finance (MOF). - Co-operative Education Tax Credit
- You may qualify for a refundable tax credit of up to $3,000 per placement to hire a student who is participating in a co-operative education program at a recognized Ontario university or college.
Organization(s): Canada Revenue Agency, Ministry of Finance (MOF). - Gasoline used in Unlicenced Business Equipment
- Do you or your business buy gasoline for unlicensed equipment, such as equipment for farming, construction or manufacturing? If yes, you may get a refund of the tax you have paid.
Organization(s): Ministry of Finance (MOF). - Ontario Book Publishing Tax Credit
- You may be entitled to a 30% refundable tax credit, to a maximum of $30,000 per literary work, if you publish or promote work by a Canadian author.
Organization(s): Canada Revenue Agency, Ministry of Finance (MOF), Ontario Media Development Corporation (OMDC). - Ontario Business Research Institute Tax Credit
- Your corporation could be eligible for a 20% tax credit for scientific research and experimental development (SR&ED) performed through an eligible research institute (ERI).
Organization(s): Canada Revenue Agency, Ministry of Finance (MOF). - Ontario Employer Health Tax Exemption
- You may not have to pay the Ontario Employer Health Tax on the first $400,000 of your payroll. If you are associated with another employer, you have to share the tax exemption.
Organization(s): Ministry of Finance (MOF). - Ontario Film and Television Tax Credit
- If you are a Canadian corporation established in Ontario, your business may qualify for a refundable tax credit based on labour expenses of an Ontario film and television production.
Organization(s): Ontario Media Development Corporation (OMDC), Canada Revenue Agency, Ministry of Finance (MOF). - Ontario Innovation Tax Credit
- If you are an Ontario-based corporation, you may be able to claim a 10% tax credit for scientific research & experimental development carried out in Ontario.
Organization(s): Canada Revenue Agency, Ministry of Finance (MOF). - Ontario Interactive Digital Media Tax Credit
- Your business may qualify for a refundable tax credit based on labour, marketing and distribution expenses used to develop interactive digital media products in Ontario.
Organization(s): Ontario Media Development Corporation (OMDC), Canada Revenue Agency, Ministry of Finance (MOF). - Ontario Production Services Tax Credit
- If you are a Canadian or foreign-controlled production company, your business may qualify for a 25% refundable tax credit based on eligible production expenses.
Organization(s): Ontario Media Development Corporation (OMDC), Canada Revenue Agency, Ministry of Finance (MOF). - Ontario Research and Development Tax Credit (ORDTC)
- The Ontario Research and Development Tax Credit (ORDTC) is a non-refundable tax credit. It is available to corporations that carry out scientific research & experimental development (SR&ED) work in Ontario. The ORDTC replaced the Ontario SR&ED tax deduction for tax years ending after December 31, 2008.
Organization(s): Ministry of Finance (MOF), Canada Revenue Agency. - Ontario Sound Recording Tax Credit
- Your Ontario corporation may qualify for a 20% refundable tax credit for expenses related to the production of a sound recording or music video.
Organization(s): Canada Revenue Agency, Ministry of Finance (MOF), Ontario Media Development Corporation (OMDC). - Ontario Tax Exemption for Commercialization (OTEC)
- OTEC is aimed at supporting innovation in Ontario’s economy by encouraging the commercialization of intellectual property which has been developed by qualifying Canadian universities or colleges. OTEC applies to newly established corporations in priority areas, offering a refund of corporate income tax and corporate minimum tax paid for a qualifying corporation’s first ten taxation years.
Organization(s): Ministry of Economic Development and Innovation (MEDI). - Provincial Land Tax Rebate Program for Vacant Commercial and Industrial buildings
- If you own a commercial or industrial property that is partially or entirely vacant, you may be eligible for a rebate of Provinical Land Tax for the period of the vacancy.
Organization(s): Ministry of Finance (MOF). - Tax Information Forums (TIF)
- Attend business seminars and speak to government officials. These free, one-day learning events feature seminars and a trade show to help you learn about business taxes and other government programs and services.
Organization(s): Ministry of Finance (MOF). - Tax Refund for Power Take-off Equipment
- If you paid tax on fuel used in Ontario to operate PTO equipment, you may qualify for a refund.
Organization(s): Ministry of Finance (MOF).
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