The development of software is the subject of considerable debate at the CRA and, more generally, there is confusion about what does and does not qualify for SR&ED within this area. When applying for SRED tax credits the applicant must specify a field of science or technology using CRA specific Read more…
The SR&ED tax credit program is the largest single source of R&D funding in Canada: over $3 billion in tax incentives are distributed annually.1 If you choose to access this program, it’s helpful to understand how applications are processed. What actually happens when an SR&ED claim is received by the Read more…
Who doesn’t love a good checklist? That feeling of accomplishment when you can cross items off one by one (even if one of the items on that list is “Have a cup of coffee”). What follows is a top 10 list of things you will want to do before filing Read more…
One of the questions that are frequently asked is “who can I call for updates”? In this short article, we will discuss who to call – and who not to call – in order to check on the status of your application. Who should I call? This is a Read more…
The Canada Revenue Agency (CRA) offers two distinct services to those who want to obtain a ruling on their SR&ED tax incentive claim before they submit their application; a pre-claim consultation (PCC) or a pre-claim review (PCR). The following article will discuss the similarities and differences between the two Read more…