Research and Development Tax Credit (New Brunswick)

Finance, Government of New Brunswick • Applies only to: New Brunswick

If your business has expenses in scientific research and experimental development activities carried out in New Brunswick, you could receive a fully refundable 15% tax credit.

The tax credit is offered for the following eligible expenses:

  • Experimental development: work to achieve technological advances
  • Applied research: work for the advancement of science with a practical application in view
  • Pure research: work to advance science without a practical application in view
  • Support work

Other conditions apply.

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