T2 Schedule 341 (Nova Scotia Corporate Tax Reduction for New Small Businesses) is missing the 1.5% tax rate for new small businesses for the days in the tax year after March 31, 2025.
If Schedule 341 applies and the corporation’s tax year includes days after March 31, 2025, you can manually override amount E on the S341 to apply the 1.5% rate.
We will resolve this issue in the next TaxCycle update.
