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  • Does the Ontario province offer a tax credit on legitimate small business expenses?

Does the Ontario province offer a tax credit on legitimate small business expenses?

  • Answered by Expert
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  • Date October 25
  • Views 3268
  • Asked By Michaele Pickett

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Given the amount of business expenses faced by companies, it is common to seek relief in some form or another. Some expenses can qualify a company for a tax credit in the Ontario province. These may include payroll for employing minorities or for costs accrued by enacting green initiatives. Companies hoping to benefit from tax credits provided by the government generally have to apply for them specifically, and several people wind up missing their opportunity due to being unaware of the available credits.

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