Offered by Government of Newfoundland and Labrador, Department of Finance
Small Business Tax Credit
- Maximum amount
- $500,000
- Deadline
- Ongoing intake
- Where
- Newfoundland and Labrador
Free, no account to start. This program is added to your saved list.
In short
The general corporate tax rate is 15%, but small businesses benefit from a tax rate of 2.5% on the first $500,000 of income from an actively engaged business.
Eligibility criteria
- Business located in the province (required)
- Canadian-controlled private corporation (CCPC)
Are you eligible?
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Official program website
Page updated on September 29, 2026. Summary and criteria extracted by our AI from the official program page; always check with the agency.
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