Multimedia Tax Credit: Financing your digital project

Access the tax credit with the help of our experts

What is the Multimedia tax credit?

The multimedia tax credit is a federal tax credit available to Canadian companies that develop interactive digital media products. This program offers a refundable tax credit of 40% on eligible salaries and wages, up to a maximum of $500,000 per year. Eligible products include video games, educational software, mobile apps, and other digital media products that combine multiple forms of content, such as text, audio, and video.

This incentive varies from a province to another.

Find the tax credit related to your province
and get the most of it !

  • location_city
    ONTARIO

    The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit that can be applied for at the end of a company’s tax year which a digital media product has been completed.

  • apartment
    QUEBEC

    The Tax Credit for the Production of Multimedia Titles (TCMT) is a Quebec government program that offers a refundable tax credit of up to 37.5% of eligible production expenses as well as eligible production costs. Eligible multimedia titles include video games, websites, mobile applications, and other interactive digital media products that meet certain criteria.

  • forest
    BRITISH COLUMBIA

    The Interactive Digital Media Tax Credit (IDMTC) is for eligible registered corporations that develop interactive digital media products in BC. The credit is calculated as 17.5% of eligible salary and wages incurred in the tax year.

  • sailing
    NOVA SCOTIA

    The DMTC is a refundable tax credit claimed by eligible corporations for expenditures incurred and paid in Nova Scotia, which are directly attributable to the development of an eligible interactive digital media product.The DMTC is calculated as the lesser of 50% of ‘qualifying expenditures’ or 25% of ‘total expenditures’.

  • agriculture
    MANITOBA

    The Manitoba Interactive Digital Media Tax Credit (MIDMTC) is a refundable corporate tax credit to stimulate economic growth and job creation in Manitoba’s interactive digital media industry and attract new investment to the sector. The credit is refundable, up to 40% on qualified Manitoba labour expenditures and certain marketing and distribution expenses.

  • waves
    NEWFOUNDLAND AND LABRADOR

    The IDM tax credit is a refundable tax credit based on eligible salaries and eligible remuneration incurred by an eligible corporation for the development of interactive digital media products. The credit value is limited to $40,000 per eligible employee per calendar year and $2 million per company, or group of associated companies, per year.

Leyton’s steps for success

    Contract Signature

    Assign a consultant for your project.

    Kick off

    Meet with the consultant and gathering information on site or virtually.

    Technical review

    Assess eligibility & expenses for each project. Continuous communication with consultant as part of the preparation.

    Claim preparation

    Write technical reports and analyze financial data. Then your claim is send to your accountant for submission to the Government authorities.

    Assistance

    In case of an audit, our team prepares and advises you (tax and/or scientific audit).

    Follow-up

    Track claims submitted until final payment of tax credits by requesting authorization to your company.

Fund your project by contacting our experts

Our in-house team of highly experienced consultants take on all the paperwork and enable you to make the most out of your grant application.

  1. Accelerate Your Innovation
  2. Grow Your Team
  3. Expand Internationally
  4. Access International Funding

Get Started

Please fill the form below

    Unfortunately Leyton Canada helps only eligible businesses and not individuals in needs of growing, hiring, exporting and innovating.

    Required fields are marked with an asterisk (*).

    mark_email_read

    Your form was submitted, one of our experts will reach out to you in less than 48h.

    Great people
    define your success

    Benefit from our years of experience and expertise in covering a wide range of industries. Our team of funding experts can help you secure the financial support you need to bring your vision to life!

    Audrey Gaydu

    Innovation Funding Manager

    Robert Amaral

    Senior Manager Innovation Funding

    Behnam Vahabpour

    Senior Manager Innovation Funding

    Latest News

    digital manufacturing
    Industry 4.0: Digital Transformation in Manufacturing

    The Industry 4.0 represents a blend of two industries: information technology and manufacturing….

    Provincial Bugets
    Summary of Provincial Budgets 2024: Ontario & Quebec

    Provincial governments are slowly unveiling their provincial budgets outlining fiscal strategies to…

    COP27
    COP27: How is Canada Accelerating Climate Action?

    Recently, Canadian representatives attended COP27 to discuss the actionable steps to implement to…

    Human-Machine Collaboration
    Human-Machine Collaboration in IT-Enhanced Manufacturing Environments 

    Human-Machine Collaboration has become an essential part of the manufacturing industry. This…

    SR&ED Program Change
    Is the SR&ED Program Changing?

    Recent announcements demonstrate that the SR&ED program is now under review. The government…

    edge computing
    Edge Computing as a Solution for Cloud Computing

    Edge computing has emerged as a compelling solution by enabling localized data processing and…

    computer science
    The Dynamic Relationship between Computer Science and Robotics

    While the integration of computer science and robotics promises immense benefits, it also presents…

    environmental sustainability
    The Power of AI in Revolutionizing Environmental Sustainability  

    AI’s advanced algorithms and data processing capabilities are enabling us to tackle crucial…

    Boost your interactive project with our other services

    Ready to Empower Your Future?

    Get a free consultation with our multimedia expert

    Contact us arrow_outward arrow_outward