You May Qualify for a SR&ED Tax Credit and Not Know It

Many businesses – in particular, small and mid-sized businesses – are unaware that the work they do may qualify for a SR&ED tax credit. Is your business one of them?

Read more »  |  1 comments

Turn Your SR&ED Claim into a Business Development Tool

How much new business did your SR&ED claim generate for your company in the past year? If your answer is none, not enough or, worse yet, “What are you talking about?” then read on. The fact is the annual review your company undertakes in preparation for its SR&ED claim can easily be transformed from a burden everyone wishes to avoid into an important and welcomed catalyst for growth.

Read more »  |  1 comments

Five Myths about the SR&ED Tax Credit

Myths abound when it comes to Canada's SR&ED tax incentive program. We've addressed five of the leading misconsceptions to help ensure companies understand what the program entails and how they can benefit from it.

Read more »  |  1 comments

Your SR&ED Claim on Steroids

The biggest mistake you can make when it comes to your annual SR&ED (Scientific Research and Experimental Development) tax credit claim is to not file a claim. However, the next biggest mistake is to fail to take advantage of the detailed business and financial information generated during the SR&ED review process. A thorough SR&ED investigation into your company should highlight your firm's emerging strengths and opportunities for growth.

Read more »  |  0 comments

What is a SR&ED Claim?

The name "Scientific Research and Experimental Development" does sound a little intimidating but it really comes down to solving problems that have a technological component to them. The government did not want to call the program "Research and Development" (R&D) as they felt R&D could also mean solving problems through the "bumble and stumble" methodology which they did not want to pay for.

Read more »  |  1 comments