INCENTIVES AND TAX CREDITS
The New Hampshire Research and Development Tax Credit enables businesses to apply for tax credits on new research and development costs they can use toward business taxes paid. The credit can be carried forward for up to five years.
The Economic Revitalization Zone tax credit offers a short term business tax credit for projects that improve infrastructure and create jobs in designated areas of a municipality.
The Coos County Job Creation tax credit is awarded to businesses hiring employees for new, full-time positions that pay wages 200 percent higher than the minimum wage.
The New Hampshire Job Training Fund provides a 50/50 cash match grant $750 to $100,000 for customized training of a company’s employees.
For more information on New Hampshire’s tax credit programs, call 603-271-2591 or email.