GFM Network News

Tax credit for MWBGA checkoff dollars

Credit of 14 per cent applies to reflect research and development

Farmers who contribute to the Manitoba Wheat and Barley Growers Association (MWBGA) checkoff can claim a federal tax credit through the Scientific Research and Experimental Development (SR&ED) program. The credit is based on the amount of checkoff funds invested in research and development, which means 14 per cent of the MWBGA checkoff qualifies for the