December 2018 Note: The Progressive Conversation government has announced it is putting the proposed increase, which had been introduced by the former Liberal government earlier this year, on hold while it reviews the effectiveness of both the Ontario Research and Development Tax Credit and Ontario Innovation Tax Credit. According to Read more…
Changes to the Ontario Innovation Tax Credit may make small businesses more likely to file a claim. The Ontario Innovation Tax Credit (OITC) is a “refundable tax credit for small to medium-sized companies on eligible R&D expenditures,” 1 and can be claimed when corporations file Schedule 566 with their T2 Corporation Read more…
[message type=”custom” width=”100%” start_color=”#fffcb5″ end_color=”#ffffff” border=”#cccccc” color=”#333333″ align=”center”] Archive This post has been archived and will no longer be updated. Some of the links on this page may no longer be active.[/message] This past week, the Canada Revenue Agency (CRA) posted a summary of Research and Development (R&D) tax credits Read more…
[message type=”custom” width=”100%” start_color=”#fffcb5″ end_color=”#ffffff” border=”#cccccc” color=”#333333″ align=”center”] Archive This post has been archived and will no longer be updated. Some of the links on this page may no longer be active.[/message] Scientific Research and Experimental Development (SR&ED) claimants often wonder — and rightfully so — about how much of Read more…
At SREDucation, we’re taking the time to document all of the changes that have occurred to the SR&ED program over the years. In our “From the Archives” series, you’ll be able to see how the program has evolved since its inception in 1986. In 2005, the C.D. Howe Institute published Read more…