Public Notice – McAdam Hot Glass Studio

By January 27, 2020News, Uncategorized

Tim de Jong, owner of the future McAdam Hot Glass Studio, invites you to join him at the McAdam Lions Club this Thursday evening, 30 January, at 6:30 pm to discuss an investment opportunity through the New Brunswick Small Business Investor Tax Credit that has become available with the new McAdam Hot Glass Studio.

 

In brief, The New Brunswick Small Business Investor Tax Credit provides a 50% personal income tax credit to individual investors who invest in eligible small businesses such as the McAdam Glass Works.  As an example, a $5,000 investment this year would see an individual receive $2,500 back on their provincial income taxes next year.  In the event that an investor cannot use the entire Small Business Investor Tax Credit amount in a given year, the tax credit can be carried forward seven years or back three years.  The original $5,000 would earn interest and be paid back to the investor at the end of a four or five year investment period.

 

If you know anyone that might be interested in this investment opportunity please let them know of the meeting.  Thanks everyone.