Make every word count! There are a number of small hints and tricks that only become apparent after working on SR&ED claims for a long period of time. We’ve compiled a short list of tips and suggestions which may not be immediately apparent to a first time claimant. Individually they will not have a [...]
Full Story »
Partial SR&ED Refunds on Commercial Capital Equipment?
Capital items can be claimed for SR&ED even if they are partially used for commercial activities. It is a reality of business today that very few companies can afford to purchase large, expensive pieces of equipment or machinery to ONLY perform SR&ED. It simply isn’t cost effective, as many companies would much prefer actually making [...]
Full Story »Success-Based Fees in SR&ED: The Debate
Are success-based contingency fees draining money from innovators? In the wake of a number of articles outlining the abuse of SR&ED in the media, considerable attention has been focused on how consultants are being compensated. In response to the public outcry, the government has listened. It is my belief that there are two simple solutions that could easily [...]
Full Story »Your SR&ED Claim Made Easier: Editable SR&ED PDF Forms
Edit SR&ED forms on your computer. We’ve mentioned previously on SREDucation that, despite the best intentions of the program’s developers, applying to the SR&ED tax credit program often isn’t as simple or as clear-cut as it should be. There’s a seemingly endless stream of documents to be completed, an arsenal of CRA reviewers to liaise [...]
Full Story »