Federal Government Highlights Continued Support for SMEs via AJCTC, HCSB, and SR&ED
The Honourable Kerry-Lynne D. Findlay, Minister of National Revenue, and Peter Braid, Member of Parliament for Kitchener, recently participated in a round-table discussion with high-tech business owners at the Communitech Hub to outline their continued support for SMEs. The Apprenticeship Job Creation Tax Credit (AJCTC) provides businesses with a maximum credit of $2,000 per year for the first […]
New Hiring Credit for Small Business (HCSB)
The HCSB is a one-time credit of up to $1,000 based on the increase in an employer’s employment insurance (EI) premiums paid for 2011 over those paid for 2010. This hiring credit will be available to employers whose total EI premiums were at or below $10,000 in 2010. Employers must file their 2011 T4 information […]