New Brunswick small business investor tax credit

You can claim a tax credit for investments in eligible small businesses in New Brunswick.

The non-refundable credit equals 15% of the amount you invested to an annual maximum of $75,000 (for investment of up to $500,000).

You can carry back an unused credit to the three previous tax years. You can also carry forward the unused credit to the seven following tax years.

New Brunswick will issue a certificate for qualifying investments.

Claiming the credit

File a completed Schedule 367, New Brunswick Small Business Investor Tax Credit, with your return. For more details, see the schedule.

On line 578 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of the credit you are claiming.

Supporting documents – If you file your T2 return electronically, keep your certificate in case the CRA asks for it later. Otherwise, file it with your paper T2 return.

Forms and publications

• Schedule 367, New Brunswick Small Business Investor Tax Credit
• Schedule 5, Tax Calculation Supplementary – Corporations

Government partners

• New Brunswick (provincial site)