GFM Network News


Get an R&D tax break on your checkoff

Reading Time: < 1 minute It’s that time of year again for claiming tax credits on checkoffs. The Scientific Research & Experimental Development Fund (SR&ED) program encourages R&D investment by giving tax credits on eligible R&D work. The tax credit on checkoffs paid to Alberta Wheat for 2020 is 31 per cent; the tax credit for Alberta canola checkoffs is […] Read more

Checkoff tax credits available for farmers

Reading Time: < 1 minute Alberta Barley advises farmers that 17 per cent of their 2017 checkoff payment is eligible for the Scientific Research & Experimental Development (SR&ED) tax credit. Farmers must include Form T661 with their tax return along with either Form T2SCH31 (incorporated businesses) or Form T2038 (individuals). Farmers can learn more about the SR&ED program by visiting […] Read more



Canola checkoff tax credit available

Canola checkoff tax credit available

Reading Time: < 1 minute Canola growers who didn’t ask for a checkoff refund last year can get a tax credit for the 2016 tax year. The Scientific Research and Experimental Development tax credit covers the portion of the checkoff used for qualifying research. For Alberta canola producers, the credit is 9.77 per cent. For example, for an individual grower […] Read more


Canadian hundred dollar bills

Tax credits available for checkoffs

Reading Time: < 1 minute Wheat producers who paid the Alberta Wheat Commission provincial checkoff and did not request a refund are eligible for a tax credit. For the 2015 tax year, 20 per cent of the checkoff is eligible for the federal Scientific Research and Experimental Development tax incentive program. The tax credit percentage is based on the dollar […] Read more

canola oil in a laboratory flask

Canola checkoff brings tax credit

Reading Time: < 1 minute Alberta canola growers who don’t request a checkoff refund qualify for a tax credit for the 2014 tax year. The Scientific Research and Experimental Development tax credit allows growers to claim the tax credit for the portion of the checkoff paid used to fund qualifying research. The rate for Alberta canola producers in 2014 is […] Read more