R & D TAX
The Research and Development (R&D) program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct R&D in Canada that will lead to new, improved, or technologically advanced products or processes.
Generally, a private corporation can earn an investment tax credit of 35% of expenditures for R&D carried out in Canada – that’s money back in your pocket for R&D work that you may already be doing. You don’t have to be working on the next greatest invention to qualify for the R&D program. Many technology based companies and manufacturers can qualify for R&D credits based on the work that they’re already doing.
Our Approach
We believe in giving you a powerful advantage in dealing with complex regulations to successfully claim SRED tax credits.
Our assistance is aimed to maximize your SRED submission each time with the least amount of hassle to your workflow.
We provide a comprehensive coverage of the areas where you would likely need assistance in preparing a claim:
• Identification of likely eligible projects from a technological standpoint
• Identification and maximization of incurred costs
• Preparation of the tax return and claim
• Liaison with CRA and provincial authorities
• Representation during audits of SRED claims
You reduce your risk by choosing us to work as your SRED consultant - we bill you only on the basis of your actually approved SRED credit and only after you receive the benefit.