On February 23, 2022, the Alberta Wheat Commission announced that Alberta Wheat growers who did not request a refund of their check-off fees qualify for an SR&ED tax credit for the 2021 tax year at a rate of 31% Alberta Wheat Growers 2021 SR&ED Tax Credits The Alberta Wheat Commission Read more…
The Saskatchewan Wheat Development Commission announced that Saskatchewan Wheat growers who did not request a refund of their check-off fees qualify for an SR&ED tax credit for the 2021 tax year at a rate of 69.93%. In addition, 48.97% of their levy contributions may be claimed as a qualifying expenditure Read more…
As of January 2014, any costs incurred with respect to capital property are no longer eligible for SR&ED tax incentives as the CRA has removed them from the SR&ED program. Only expenditures of a current nature may be claimed. In response to client inquiries, we feel it is important to Read more…
On February 1, 2022, the Alberta Canola Producers Commission announced that Alberta Canola growers who did not request a refund of their check-off fees qualify for an SR&ED tax credit for the 2021 tax year at a rate of 14.59% Alberta Canola Growers 2021 SR&ED Tax Credits The Alberta Canola Read more…
The numerous and detailed Scientific Research and Experimental Development (SR&ED) related policies can be overwhelming. In an effort to make the inner workings of the SR&ED program more understandable we have examined some of these policies and summarized them for our readers. This summary pertains to the Materials for SR&ED Read more…