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TAX CREDITNewfoundland & Labrador

Newfoundland and Labrador Film and Video Industry Tax Credit

Administered by Government of Newfoundland & Labrador · Last verified: July 2026

A refundable provincial credit for corporations producing film, television, or video in Newfoundland and Labrador. It is worth the lesser of 40% of eligible local labour or 25% of total production costs, up to $5 million per corporation in a 12-month period. The company must pay at least 25% of its salaries to provincial residents and apply for eligibility before production begins.

See if I qualifyOfficial page
Estimated value
Lesser of 40% of eligible NL labour or 25% of production costs, up to $5M
Approval likelihood
Medium
Readiness
Ready to apply
Documents needed
3

Eligibility

  • Business types:Incorporated
  • Industries:Creative & Media
  • Provinces:Newfoundland & Labrador

What you'll need

  • Eligibility application to the NL Film Development Corporation
  • Financial statements and cost reports
  • T2 Corporation Income Tax Return

How to apply

  1. 1Apply for eligibility to the NL Film Development Corporation before production starts
  2. 2Complete the production and finalize cost reports
  3. 3Apply for the tax credit certificate
  4. 4Attach the certificate to your T2 return
After you apply

You claim this on your tax return, so the money comes back as a lower tax bill or a refund after you file. If you missed it in a past year, you can often still recover it by adjusting a prior return.

Is your business a fit for Newfoundland and Labrador Film and Video Industry Tax Credit?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Common questions

Who is eligible for Newfoundland and Labrador Film and Video Industry Tax Credit?

Newfoundland and Labrador Film and Video Industry Tax Credit is generally open to incorporated businesses, in Newfoundland & Labrador, in Creative & Media. Confirm the full criteria on the official program page before applying.

How much is Newfoundland and Labrador Film and Video Industry Tax Credit worth?

The estimated value is Lesser of 40% of eligible NL labour or 25% of production costs, up to $5M. The actual amount depends on your eligible costs, the program's budget, and approval.

Can I claim Newfoundland and Labrador Film and Video Industry Tax Credit for a past year?

Claimed on a return, so a missed year can usually be recovered by amending. How far back depends on whether you file personally or as a corporation; confirm the eligible years with your accountant.

How do I apply for Newfoundland and Labrador Film and Video Industry Tax Credit?

1. Apply for eligibility to the NL Film Development Corporation before production starts 2. Complete the production and finalize cost reports 3. Apply for the tax credit certificate 4. Attach the certificate to your T2 return

Related programs

TAX CREDIT

Newfoundland and Labrador All-Spend Film and Video Production Tax Credit

40% of eligible production costs, up to $20M per project annually

TAX CREDIT

Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit

10% of capital cost of eligible property (up to 40% refundable for CCPCs)

TAX CREDIT

Newfoundland and Labrador Green Technology Tax Credit

20% of capital cost (up to 40% refundable), max $1M per year

Find more funding like this

All Newfoundland & Labrador grants and creditsCreative & Media programsBrowse grants by province and industry
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Deductly CA

The grants, tax credits, and deductions your business likely qualifies for. Ranked by fit, tied to official sources.

See what you’re owed
Product
  • Eligibility quiz
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  • All programs
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For
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Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian business owner should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
System status

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.