Yukon Research and Development Tax Credit

This is a summary of Yukon-specific income tax measures. The Canada Revenue Agency (CRA) administers the Yukon's personal and corporate income tax. Download forms and publications from the CRA website

Grant Deadline

Deadline not available

Funding Amount

Deadline not available _{15% of total eligible expenses, plus an additional 5% of total eligible Yukon College expenses}

Type of Grant

Grant

Sectors

All Sectors

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

Eligible investors

• 19 years of age or older; and
• a Yukon resident on December 31 of the year in which the tax credit is claimed.

Eligible Yukon organizations

Yukon organizations must:

• be an incorporated, private corporation;
• maintain permanent establishment in the Yukon;
• have its head office located in the Yukon;
• pay at least 25% of its salaries and wages to Yukon residents; and
• not exceed $100 million in assets.

Eligible organizations can apply for the Yukon Business Investment Tax Credit.

Eligibility

People living on Yukon First Nations Settlement Lands of the following self-governing First Nations can apply for the credit:

• Carcross/Tagish;
• Champagne and Aishihik;
• Kluane First Nation;
• Kwanlin Dün First Nation;
• Little Salmon/Carmacks First Nation;
• First Nation of Na-Cho Nyäk Dun;
• Selkirk First Nation;
• Ta’an Kwäch’än Council;
• Teslin Tlingit Council;
• Tr’ondëk Hwëch’in; and
• Vuntut Gwitchin First Nation.

Other residents can claim the credit once their respective First Nation signs its:

• Self-Government Agreement; and
• Personal Income Tax Sharing Agreement.

Grant Application website

https://yukon.ca/en/yukon-income-tax#personal-and-corporate-income-tax

Contact

Personal income tax and benefit programs:

• Visit: personal income tax for Yukoners on the CRA website.
• Phone: 1-866-426-1527 (note you must be within the Yukon's 867 area code).

Business-related tax programs:

• Phone: 1-866-841-1876 (note you must be within the Yukon's 867 area code).

Other questions can be directed to the Government of Yukon:

• Email: fininfo@yukon.ca
• Phone: 867-667-5811 or toll free in the Yukon 1-800-661-0408 and ask for Fiscal Policy.