We are often asked by our clients if there is a maximum Scientific Research and Experimental Development (SR&ED) refund that can be claimed. This is a great question and like most topics related to SR&ED, the answer is not straightforward. This article will explain the “maximum provincial SR&ED refund” and Read more…
The numerous and detailed SR&ED-related policies can be overwhelming, therefore, in an effort to make the inner workings of the SR&ED program understandable and straightforward we have examined some of these policies and summarized them for our readers. The SR&ED During Production Runs Policy examines how to determine if the Read more…
We are often asked by our clients if there is a maximum Scientific Research and Experimental Development (SR&ED) refund that can be claimed. This is a great question and like most topics related to SR&ED, the answer is not straightforward. This article will explain the “maximum federal SR&ED refund” and Read more…
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…