Tax Credit
Work Credit Program (WCP)
The Government of the Northwest Territories administers the Work Credit Program to award extra work credits for eligible exploration expenses incurred in the calendar years 2015 to 2021 to help individuals and companies through these economically challenging times.
- 4.5/5.0
- Northwest Territories. Industry, Tourism and Investment
- All levels
- Last updated 3 years ago
- English
Description
The Government of the Northwest Territories administers the Work Credit Program to award extra work credits for eligible exploration expenses incurred in the calendar years 2015 to 2021 to help individuals and companies through these economically challenging times.- Each participant will be granted work credit of up to 150% that is spent on eligible exploration activities. For example, if a participant spends $100,000 towards eligible work expenses, once approved by the Mining Recorder, the work will be valued at $150,000 in work credits.