SR&ED Education and Resources analyzed what was published regarding annual SR&ED spend by the federal governments in the CRA’s Reports to Parliament and Departmental Performance Reports. What were the results? In prior reports, we analyzed the annual spend on the SR&ED...
Read moreIs Canadian Innovation in Decline? According to the 2017 Global Innovation Index (GII), which measures how innovative over 130 countries are, Canada has fallen from 15th place in 2016, to 18th place in 2017.1 What has Caused the Decline in Canadian...
Read moreWhat does the Bloomberg 2018 Innovation Index mean for Canadian innovation? While Trudeau’s Liberal, federal government has been championing an innovation agenda since being elected in 2015, the Bloomberg 2018 Innovation Index shows that Canada has fallen behind other nations in...
Read moreDo you have the proper tools in place to capture SR&ED work? Performing work eligible for the Scientific Research & Experimental Development (SR&ED) tax credit is an intensive process. Having the right tools in place to ensure all work is Read more…
What is the difference between “learning” and “advancement” when writing for line 246 in the T661? Line 246 of Scientific Research and Experimental Development (SR&ED) Investment Tax Credit (ITC) applications asks “What scientific or technological advancements did you achieve or Read more…
What are assistance and contract payments, what is the difference between assistance and contract payments, and how do these affect the distribution of SR&ED? When SR&ED work is completed with the help of outside parties the contract is essential to Read more…