Updated July 2026 · Verified against Government of Nova Scotia / Canada Revenue Agency (CRA) guidelines
Tax Credit Provincial Active

Nova Scotia Research and Development Tax Credit

Government of Nova Scotia / Canada Revenue Agency (CRA)
Maximum Credit
15% of eligible costs
Ongoing; claimed annually on Schedule 340 of the Nova Scotia T2 corporate tax...
Visit Official Program →
Difficulty
Easy
Payment
Varies
Trend
Stable
First-Timers
Credit rate
Varies
Nova Scotia Research and Development Tax Credit provides up to 15% of eligible SR&ED expenditures. A fully refundable provincial tax credit for Nova Scotia corporations that incur qualified scientific research and experimental development expenditures in the province, equal to 15% of eligible SR&ED spending. Applications are accepted on an ongoing basis.
Eligibility check

Can you claim this credit?

Get your instant eligibility verdict plus a head start on the application. Free, no account needed.

Takes about 20 seconds. We use this program’s real eligibility rules.

Eligibility & Details

What this program funds and who can apply

Free

Program Description

A fully refundable provincial tax credit for Nova Scotia corporations that incur qualified scientific research and experimental development expenditures in the province, equal to 15% of eligible SR&ED spending.

Eligibility Requirements

  • Must be a Nova Scotia corporation
  • Must incur qualified SR&ED expenditures in Nova Scotia
  • Must follow federal SR&ED eligibility rules (federal credit claimed on form T661)
  • Must file a T2 corporate tax return for taxation years 1998 or later, claiming on Schedule 340
  • Refund of the credit is available where the corporation has or would have taxable income allocated to Nova Scotia
Provinces
Industries
Business Stage
Startup Growth Established

Quick Assessment

Difficulty
Easy
Competition
Low
First-Timer
Not rated

Funding Details

Amount
15% of eligible SR&ED expenditures
Type
Tax Credit
Level
Provincial
Deadline
Ongoing; claimed annually on Schedule 340 of the Nova Scotia T2 corporate tax return

Program Scorecard

Competition, effort, and approval at a glance

Competition
Low
Deadline
Ongoing
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
Premium See your real odds on this program — and exactly what it takes to win it.
What's in this Playbook

Everything you need to claim Nova Scotia Research and Development Tax C...

Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

$19 covers this one program. $39/mo covers every program, plus the workspace that walks you through each application.

How to claim

Insider tips, common pitfalls, and what successful applicants look like

Premium
Insider Tip

File the credit on Schedule 340 of the Nova Scotia T2 corporate tax return; because the credit is fully refundable, any excess over Nova Scotia taxes payable is returned.

Don’t lose this one to a preventable rejection
Common rejection pitfalls, what successful claimants look like, and exactly what the program administrators check
Specialist advisors quote $2,000–$5,000 per program. Premium covers all 650+ for $39/mo.
Get Premium — $39/mo Every program · Application workspace · 30-day money-back
or just this Playbook — $19 one-time

Application Playbook

Step-by-step process, required documents, and expenses

Premium 3 docs

Application steps not yet documented.

Required Documents 3

Schedule 340 tax form
SR&ED expenditure records
Nova Scotia T2 corporate tax return

Deadline Notes

Ongoing; claimed annually on Schedule 340 of the Nova Scotia T2 corporate tax return

Premium Get the step-by-step application guide — documents, timeline, and what to prepare.

Applying for Nova Scotia Research and Development Tax Credit? Most founders end up needing more than one template — grab the Founder Pack ($59 · saves $27 vs separate) →

Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

Premium

Stacking partner data not yet available.

Combined Funding Potential See your total funding potential

Clawback Risk

Unknown Risk
Premium See which programs combine with this one — and how much more you could get.

How Nova Scotia Research and Development Tax C... Compares

Side-by-side with similar programs

Free
Program Amount Difficulty Payment Deadline
Nova Scotia Research and Development ... 15% of eligible SR&ED expenditures Easy Varies Ongoing; claimed...
Strategic Response Fund (formerly Str... Minimum $10 million contribution Hard Mixed (Advance + Reimb.) Ongoing — continuous...
CanExport SMEs Up to $50,000 Moderate Mixed (Advance + Reimb.) Applications accepted...
Innovative Solutions Canada up to $150,000 Hard Milestone-Based Challenge-specific — new...
Ocean Supercluster Up to $5 million Hard Reimbursement Call-specific — no open...

Related Programs

Other programs you might be eligible for

Free

Browse More Funding