As we approach budgeting season for FY2026 for companies with a December fiscal year-end, CFOs and finance leaders are gearing up to make critical capital planning decisions. While growth targets, headcount, and cost controls are often front and center, one key lever is often underutilized: R&D tax credits.

On July 4, 2025, the U.S. enacted the “One Big Beautiful Bill” (H.R. 1), a major tax package that reintroduces full expensing under Section 174, dramatically enhancing R&D tax benefits for U.S. companies

B.C. makes Interactive Digital Media Tax Credit Permanent and Pumps up Rate to 25%. British Columbia is doubling down on its support for the province’s burgeoning game development and immersive tech sectors. As of September 1, 2025, the Interactive Digital Media Tax Credit (IDMTC) is being made permanent and increased from 17.5% to 25% for qualifying salaries—a significant win for developers and tech companies in BC