Budget season is here. Following shortly after the federal budget which announced small changes that will increase the refunds for large, profitable firms the Ontario government has made an announcement which, on face value, sounds promising. We look at the statements that are made as well as the source Read more…
On March 19, 2019, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2019. Recap: Prior Budgets The last major change to SR&ED occurred in the 2012 budget when sweeping modifications were made to several areas. The changes proposed by the government were phased into the system over Read more…
On February 27, 2018, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2018. On February 27, 2018, the Liberal federal government Finance Minister, Bill Morneau, released the 2018 Budget.1 Prior to its publication, speculation across the media suggested that the budget would focus on gender equality, indigenous infrastructure, science Read more…
Comparing consultants–which is the best for your company? What are typical SR&ED consultant rates? This seems to be the eternal question–if I outsource my claim preparation what SR&ED consultant rates can I expect to pay? Short of inviting a slew of highly aggressive consultants into your office to pitch their Read more…
Applying for SR&ED isn’t “just writing 1,400 words.” The T661 is simply the most visible part of the application to the taxpayer. When most individuals approach SR&ED for the first time, they go straight to the T661 form.1 They are often lulled into a false sense of security–after all, it’s just Read more…