The Strategic Aerospace and Defence Initiative (SADI) and SR&ED One program related to Scientific Research and Experimental Development (SR&ED) is the Strategic Aerospace and Defence Initiative (SADI). Both programs are designed to encourage research and development programs in Canada. There are times when projects may be eligible for assistance in Read more…
It’s that time of year! With 2019 winding down, SR&ED Education and Resources will be going on a brief holiday hiatus while we gear up for what is sure to be an eventful 2020 for the Scientific Research & Experimental Development (SR&ED) tax credit. While you wait for us to Read more…
Clevor Technologies Inc. v. The Queen: Implications for Software and SR&ED On August 14, 2019, the Tax Court of Canada (TCC) delivered a ruling on a software-related Scientific Research and Experimental Development (SR&ED) investment tax credit (ITC) claim. In the case of Clevor Technologies Inc. v. The Queen, Justice Bruce Read more…
The SR&ED Tax Credit program is the single largest source of R&D funding in Canada: over $3 billion in tax incentives are distributed annually 1. The program supports Canadian businesses by encouraging industrial research and development. In their latest article, the CRA shared some helpful information for SR&ED claimants from Read more…
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…