GFM Network News


Checkoff tax credits available for farmers

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 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

Tax credits available for checkoffs

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 checkoff brings tax credit

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