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ARTICLE · 26 MARCH 2018

Blog: Alberta 2018 Budget

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On March 22nd, 2018, Alberta Finance Minister Joe Ceci announced the 2018 Alberta Budget. The Budget does not include any changes to personal ...

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Garrett Louie
Garrett Louie
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On March 22nd, 2018, Alberta Finance Minister Joe Ceci announced the 2018 Alberta Budget. The Budget does not include any changes to personal or corporate tax rates. Below is a summary of some of the tax measures that were included in the Budget.

Personal Income Taxes

Interactive Digital Media Tax Credit

This new refundable tax credit will provide eligible interactive digital media companies with a benefit worth 25% of eligible labour costs incurred after April 1st, 2018. A diversity and inclusion credit enhancement, worth up to an additional 5%, will also be available to companies that employ workers from under-represented groups. Further details on the enhancement will be provided when the regulations are brought forward and program and application details will be available by summer 2018.

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