Quality Control and Routine Testing are excluded from SR&ED claims because work of this nature does not result in technological advancements. The Eligibility of Work for SR&ED Investment Tax Credits Policy1, lists some exclusions for SR&ED claims. Quality control and...
Read moreCOVID-19 has impacted processing SR&ED claims at the Canada Revenue Agency (CRA), but today SR&ED filers received great news! The CRA announced on their website that: The Scientific Research and Experimental Development (SR&ED) Program is returning to normal activities. We...
Read moreThe Canadian Advanced Technology Alliance (CATA) calls on feds to protect Canadian taxpayer $36B annual innovation investment and endowment, the Resilience Rebound Emergency (RRE) Program, a proposed new program. Canadian Tech Businesses There are 13,000 small and medium-sized Canadian owned...
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On March 19, 2019, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2019. It proposed repealing the use of taxable income as a factor in determining a CCPC’s annual expenditure limit for the purpose of the enhanced Read more…
No, government support doesn’t mean you will get less government funding! We are often asked by clients if accepting government support means that their scientific research and experimental development (SR&ED) investment tax credit (ITC) will automatically be lower. The answer Read more…
One of the recent legal rulings related to SR&ED was Béton Mobile du Québec Inc. c. La Reine (2020). We were invited to present our thoughts at the recent SR&ED Stakeholders meeting. In this post, we will summarize our presentation Read more…