Scientific Research and Experimental Development (SR&ED)
The SR&ED is a tax incentive program offered by the Canadian government to companies that perform research and development (R&D) work. These credits are intended to defray to cost of carrying out R&D activities in Canada and ensure that Canada continues to be an attractive place for innovative research. These credits can be refundable (for Canadian Controlled Private Corporations) or non refundable (for public corporations)
Figuring out if the research qualifies for this credit may not always be easy or straight forward. Our scientists and certified tax professionals have filed hundreds of these claims in different industries. We will work with you to identify eligible projects, determine the costs associated with performance of this R&D, correctly complete the detailed claim schedules to ensure smooth and easy process and we will work with Canada Revenue Agency should any questions arise. If you would like to learn more, schedule a Free consultation with one of our Scientific Advisors or Tax professionals to determine if you can benefit from this lucrative tax credit.