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Every deduction Canadian small businesses miss

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TAX CREDITNova Scotia

Nova Scotia Research and Development Tax Credit

Last verified: June 2026

A fully refundable provincial credit worth 15% of research and development spending done in Nova Scotia. It applies to the same expenditures that qualify for the federal scientific research program, so businesses already filing federal R&D claims can layer this on top. The credit applies first against provincial taxes owing and any remainder is refunded.

See if I qualifyOfficial page
Estimated value
15% of eligible R&D expenditures, fully refundable
Approval likelihood
Medium
Ready to apply score
80/100
Documents needed
3

Eligibility

  • Business types:incorporated
  • Industries:All industries
  • Provinces:Nova Scotia
  • Requires R&D activity

What you'll need

  • Federal scientific research claim (T661)
  • Schedule 340
  • T2 Corporation Income Tax Return

How to apply

  1. 1Identify eligible R&D work carried out in Nova Scotia
  2. 2Prepare your federal research claim
  3. 3File Schedule 340 with your T2 return within 18 months of year end
Deadline:18 months after the corporation's tax year end

Is your business a fit for Nova Scotia Research and Development 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

Related programs

TAX CREDIT

Provincial R&D Tax Credits

3.5–30% of eligible R&D costs

TAX CREDIT

Nova Scotia Equity Tax Credit

35% credit to investors (up to $17,500 per investor)

TAX CREDIT

Nova Scotia Digital Media Tax Credit

25% to 50% of NS labour costs

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

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.