Free audio recording of the CRA’s Eligibility of Work for SR&ED Investment Tax Credits Policy. Presented only for non-commercial informational purposes.
This post outlines SR&ED program updates from January-March 2021, including administrative, policy, tax law, and court cases. COVID-19 continued to dominate the country for the quarter, but many businesses and agencies have found a new way to operate. We have identified some key trends to watch in the SR&ED environment. Read more
Throughout the years we have helped a variety of taxpayers with their Scientific Research and Experimental Development (SR&ED) technical narratives. We have noticed common mistakes claimants, especially new claimants, make in their narratives. This post will explain some of those mistakes and provide guidance on ways to avoid making the Read more
When preparing an SR&ED claim for a project, it is generally advisable to start by putting every detail of the project to paper. This shows the entire scope of your process and makes it easier for the reviewer to understand the work performed. However, once the details have been established, Read more
In this post, we walk through eligibility of certain costs related to drilling for Scientific Research and Experimental Development (SR&ED) claims, based around a recent Tax Court of Canada case, ExxonMobil Canada Ltd. v. The Queen. We will explain how in certain cases, projects associated with oil drilling may be Read more