Gross Negligence Penalties: A Step Backward for SR&ED Claimants?
The Canada Revenue Agency (CRA) has recently updated its policy on Gross Negligence Penalties 1under subsection 163(2) 2of the Income …
Read Full Article
SR&ED Education and Resources
SR&ED Tax Credits & Eligibility – Everything You Need to Know, Backed by Decades of Expertise
The Importance of Conceptual vs. Factual Knowledge in SR&ED
Research and Development (R&D) and Scientific Research and Experimental Development (SR&ED) are often mentioned in the same breath. While they …
Read Full Article
SR&ED in the Fall Economic Statement (2024) – December 16, 2024
On December 16, 2024, the Liberal government released the Fall Economic Statement (2024) – but without the Minister of Finance …
Read Full Article
Using AI in SR&ED Claims: Benefits and Risks
Using AI in SR&ED Claims: Benefits and Risks Generative AI tools offer significant potential in improving the efficiency and consistency …
Read Full Article
“There is no need to re-learn existing lessons.” – Our SR&ED Consultation Response (March 2024)
Background The Department of Finance published a new statement on January 31, 2024, “Government launches consultations to increase Canadian research …
Read Full Article