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?
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.
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.
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.
Big Changes in the Federal Government's SR&ED Program Announced January 2010
On January 13, 2010 the federal announced major improvements to the Scientific Research and Experimental Development (SR&ED) tax incentive program. The bottom line is that these changes will result in the federal government giving out more money through the SR&ED program. Don’t miss out!
