On June 29, 2022, the Tax Court of Canada (TCC) released two Notices to the Public and the Profession. The first notice stated that they will continue accepting on a pilot project basis four types of electronic signatures and initials...
Read moreOn April 28, 2022, Ontario’s 2022 provincial budget was released, 2022 Ontario Budget: Ontario’s Plan to Build. This budget focuses on key priorities around transit, infrastructure, healthcare and highways. We have detailed the main themes within the budget and their possible...
Read moreOn March 30, 2022, the Canada Revenue Agency (CRA) announced updates to the Pool of Deductible SR&ED Expenditures Policy, the Traditional and Proxy Methods Policy, the Third-Party Payments Policy, and the Contract Expenditures for SR&ED Performed on Behalf of a...
Read more
What happened with SR&ED in the second quarter (April to June) in 2022? Here, we discuss the updates. This post outlines Scientific Research and Experimental Development (SR&ED) program updates from April-June 2022, including administrative, policy, tax law, and court cases. Read more…
We are often asked by our clients if there is a maximum Scientific Research and Experimental Development (SR&ED) refund that can be claimed. This is a great question and like most topics related to SR&ED, the answer is not straightforward. Read more…
The pool of deductible SR&ED expenditures can cause quite a bit of confusion for SR&ED applicants. If utilized properly the balance within the pool may be useful in reducing the income claimed within the taxation year and increasing the final Read more…
The numerous and detailed SR&ED-related policies can be overwhelming, therefore, in an effort to make the inner workings of the SR&ED program understandable and straightforward we have examined some of these policies and summarized them for our readers. The SR&ED Read more…