Impact 360 Staff

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Ontario Interactive Digital Media Tax Credit

Does your business involve the creation of Interactive Digital Media products that inform, educate or entertain? Does your company develop interactive digital media products for sale, license or on a fee-for-service basis?

Have you developed digital games, educational products, informational products, digital training materials, digital news or other digital media products in the last five years? Is the majority of your development done in Ontario? If so, you may be eligible for the Ontario Interactive Digital Media Tax Credit (OIDMTC).

The OIDMTC program will refund up to 40% of qualifying development costs and up to 40% of qualifying sales and marketing costs (up to $100,000 per non-specified product). There are no limits to the number of products that you can claim and you can usually claim products that you have developed in the last four years. Even if you have already claimed SR&ED in the last four years, you can still go back and claim eligible OIDMTC on expenses that were not included on your SR&ED claim.

For a half-hour investment of your time - this service is of true value, at no up-front cost to you.

Call now to schedule your review and see how you qualify: 1-866-360-9671