Innovation, Research and Development

Gaining Knowledge Through SR&ED: Contractors, Universities and Employees

Contractors, Universities and Employees: How collaboration and innovation fit together. Labour costs within the SR&ED program can be classified into three different areas: Employees, Subcontractors and Third-Party Payments. Salary costs account for the majority of all SR&ED expenditures in Canada, followed by Subcontractors and lastly Third-Party Payments. Subcontractors Defining Criteria Read more…

Application Policy (Revision): Experimental vs. Commercial Production in SR&ED (2005)

[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start_color=”#fffcb5″ end_color=”#ffffff” border=”#cccccc” color=”#333333″ align=”center”] Archive This post has been archived and will no longer be updated.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] In this revision, the Canada Revenue Agency (CRA) clarifies its position in regards to experimental production (EP) and Read more…

SR&ED Claim Preparer

Can you claim HST on SR&ED contractors?

Questions surrounding calculating SR&ED expenses: Do you include HST when calculating expenses for contractors? When calculating SR&ED expenses accuracy is key to ensure your claim is not filed as ineligible. This post discusses whether or not HST is included when calculating contractor expenses. How does HST work? Businesses generally keep Read more…

CRA To Revise SR&ED T661 Form (2012)

[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start_color=”#fffcb5″ end_color=”#ffffff” border=”#cccccc” color=”#333333″ align=”center”] Archive This post has been archived and will no longer be updated.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] Changes Ahead with SR&ED! In connection with the recent legislative changes proposed in the March 2012 federal budget, Read more…

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