NL Film and Video Tax Credit

This refundable provincial Corporate Income Tax credit is provided for eligible local film projects at a rate of 40% of eligible local labour costs, but may not exceed 25% of production costs.

Grant Deadline

Deadline not available

Funding Amount

$5,000,000 _{The credit value is limited to $40,000 per eligible employee per calendar year and $2 million per company, or group of associated companies, per year +The value of the credit may also be reduced subject to government assistance received in respect of the project.}

Type of Grant

Tax Credit

Sectors

Arts & Culture, Film, Media

Demographics

Incorporation

For Profit

Perks

Region Restriction

This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Corporations producing local films are eligible. The corporation must also pay at least 25% of its salaries and wages to residents of the province.

Grant Application website

https://www.gov.nl.ca/fin/tax-programs-incentives/business/filmandvideotax/

Contact

PHONE:

General Inquiries

Local 729-6376

Toll Free 1-877-729-6376

Tax Administration Division

Director: Glenn Lockyer

P.O. Box 8700

3rd Floor, East Block, Confederation Building

St. John’s, NL A1B 4J6

Tel: (709) 729-3505Call: (709) 729-3505

Email: glennlockyer@gov.nl.ca

Fax: (709) 729-2856Call: (709) 729-2856