Other BC Business Credits & Deductions Directory (2025)

In addition to the major business tax credits and incentives in British Columbia, there are several additional provincial programs, credits, and deductions that can help corporations and small businesses further reduce their BC tax or access targeted rebates. This directory summarizes book publishing, property tax rebates, charitable and political donation credits, export incentives, and other niche programs. Each section provides eligibility, application details, and an example. For more, see the BC Business Tax Breaks Directory.

Book Publishing Tax Credit
Refundable credit for BC-based book publishers on eligible production and marketing costs for Canadian-authored books.
Eligibility: Incorporated BC publishers with a permanent establishment in the province, publishing eligible Canadian works.
Application: Apply through Creative BC with supporting documentation and file the provincial tax schedule with your T2.
Example: A Vancouver publisher produces 4 new BC-authored titles and claims a refundable credit to lower production costs and expand its catalog.
Property Tax Rebates & Municipal Incentives
Some BC municipalities (e.g., Vancouver, Victoria, Kelowna) offer business property tax rebates, reductions, or deferrals for new construction, renovations, or job creation.
Eligibility: BC business property owners or tenants in cities with economic development programs.
Application: Apply through your city or municipality, typically before or after a qualifying investment.
Example: A company opens a new operations centre in Surrey and receives a multi-year property tax abatement as part of a local job creation incentive.
Charitable Donation Tax Credit
BC businesses (corporations and qualifying partnerships) can claim a provincial charitable donation tax credit for donations to registered Canadian charities.
Eligibility: Donations to a registered charity with an official tax receipt.
Application: Report the donation and attach the receipt when filing your T2 return (with BC schedule).
Example: A tech startup donates $10,000 to a BC literacy charity, claiming both provincial and federal credits to reduce its tax bill.
Political Contribution Tax Credit
Corporations and individuals that contribute to registered BC political parties or candidates may claim a provincial political contribution tax credit (non-refundable).
Eligibility: Contributions to a registered BC political party, constituency association, or candidate with an official receipt.
Application: Claim the credit on the BC corporate tax form and keep the receipt as proof.
Example: A local company donates $2,500 to a BC party, earning a tax credit (up to the annual maximum) to offset provincial tax payable.
Export & International Business Incentives
BC businesses expanding into export markets may access grants, credits, or support through provincial agencies like Trade and Invest BC.
Eligibility: BC-registered businesses planning to increase sales/export outside Canada.
Application: Apply online before incurring expenses; provide a project plan, budget, and proof of business registration.
Example: An agri-food processor receives a cost-sharing grant to attend a US trade expo, subsidizing booth costs and travel expenses.
Other Sector-Specific Credits & Rebates
BC introduces targeted credits or rebates for sectors such as mining, shipbuilding, or infrastructure investment.
Eligibility: Varies by program; typically open to sector-specific businesses or those meeting annual criteria.
Application: Monitor BC government announcements or industry association updates.
Example: A construction firm receives a grant for green building upgrades under a temporary BC CleanBC infrastructure program.

Tip: Most additional credits or rebates require supporting documentation (receipts, municipal applications, or government certificates) and may have annual or project-specific deadlines. Consult your tax professional or local municipality for application details.

Related BC Business Tax Credit Guides

Practical Tip: Review BC government and municipal websites each year for new or updated programs, and subscribe to industry newsletters for timely updates on niche credits.