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SR&ED Policy Changes – Call to Action

Research and Development Tax Credit Expert Panel

In our last post, we discussed the changes to the SR&ED policy. It’s not too late – you can still let the government know how important SR&ED is to your organization. Many are unaware that back in December 2010, the federal government convened an Expert Panel to review federal support of Research and Development in Canada. What’s important is that the Expert Panel is still reviewing inputs and is open to further feedback. Make your opinions heard to ensure a) that there is continued, unwavering support for SR&ED, and (at a minimum) b) preserve the existing tax credit levels. There are three main ways you can have your voice heard:

1) Contribute to a group providing feedback.

The BCTIA is still gathering feedback to supplement the original submission via LinkedIn® by answer the following questions:

a) How important of a role has SR&ED played in the success of your tech company?

b) What impact would you have faced had you NOT had access to SR&ED?

The CATA Alliance is also preparing a report – their group on LinkedIn® is closed to outsiders, but can be viewed here.

2) Blaze your own trail.

a) Submit directly to key politicians. Follow the example of the CME (Canadian Manufacturers and Exporters) who recently submitted a scathing review (Press Release, Report) of the proposed changes. These include:

Minister of Finance – The Honourable Jim Flaherty

Minister of National Revenue – The Honourable Gail Shea

Minister of Industry – The Honourable Christian Paradis

Minister of State for Science and Technology – The Honourable Dr. Gary Goodyear

b) Contribute to the Expert Panel. You can use the official route to provide feedback about the changes via info@rdreview-examenrd.ca

To make sure the individuals reviewing the report and get the information they require, use the guiding questions from the Expert Panel on SR&ED, visible on pages 16-17 in their Consultation Paper (.pdf).  There are many groups who have already submitted and can get you started if you need ideas.

3) Promote & Raise Awareness.

Tell your peers in the industry. Share this information via LinkedIn®, Twitter, and other social media sites. Information in isolation means nothing – it’s when it spreads that it has an impact and the government takes note. Let’s be honest – many of the jobs would move south or offshore if it weren’t for the competitive edge this provides to companies. This will affect everyone involved in R&D in Canada. Make your voice heard – time is running out.

Other interested parties are also raising very valid concerns and you can find them here and here.

What are your thoughts on the proposed changes? Leave a comment below, or contact a professional if you have immediate questions related to SR&ED policy review.


Elizabeth Lance

Elizabeth is known as the "SR&ED Maven" in the industry. With a love of documentation and the nuances of language, she is often engaged by multi-million dollar companies to help improve documentation and workflow processes. Her favourite sentence (which she hears regularly) is "Accepted as Filed". Find out more about her on LinkedIn.

2 Comments

gracee · September 21, 2011 at 4:23 am

Thank you for another essential article. Where else could anyone get that kind of information in such a complete way of writing? I have a presentation incoming week, and I am on the lookout for such information. find more…

    Trevor Kempthorne · September 28, 2011 at 2:32 pm

    Hi Gracee, unfortunately there aren’t very many good sources of information out there (this is one of the reasons why we started SREDucation.ca). You can subscribe to the CRA mailing list, but it’s really not that helpful aside from basic changes to the program. If you have any specific questions, send us a message and we’d be happy to help you out.

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