Payroll Rebate
A payroll rebate is a performance-based incentive that helps growing companies succeed in Nova Scotia. Designed to reward results, it provides a return on eligible gross payroll, paid annually as your company meets agreed-upon growth targets.
Offered by Invest Nova Scotia
Amount
Rebates of between 5% and 10% of the applicant's gross payroll, paid annually for a set term (typically five years) up to an approved amount
Quick eligibility check
Who can apply
Criteria for this incentive includes:
- Applications must be project-based
- Projects are expected to create sustainable long-term employment
- All projects should result in the creation of at least 20 incremental jobs (FTEs) in Nova Scotia
- The average salary of the jobs created should be above the regional average
The applicant’s business must be considered eligible according to Invest Nova Scotia’s operating regulations
About the funding
Designed to reward results, it provides a return on eligible gross payroll, paid annually as your company meets agreed-upon growth targets. Rebates are issued for a set term—typically five years—up to an approved amount.
Rebates are equivalent to between 5% and 10% of the applicant’s gross payroll, depending on the applicant’s location in Nova Scotia, business sector, and economic benefit to the province. This means that for every dollar a company spends in salaries and benefits, a percentage is rebated back to the company. No rebate money is paid unless a company first meets minimum employment, payroll, and salary targets.
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
| Innovation Rebate Program | Rebate | Up to $3,750,000 | Open |
| Plant Your Roots Program | Rebate | Up to $100,000 | Open |
| Canadian Roundtable for Sustainable Beef (CRSB) | Rebate | Up to $4,000 | Open |
| Ducks Unlimited Canada and PepsiCo | Rebate | Lesser of a portion of your lending with FCC, to a maximum of $4,000 per year, or $100 per acre registered in DUC's Marginal Areas Program | Open |
