In this blog post, we discuss the cancellation of the SR&ED tax credit incentive program in Alberta’s 2019 budget released on October 24th and the reactions illustrated in the media. While some commentators have voiced their displeasure with the changes, others state that a more focused funding model with specified Read more…
This post outlines the updates to the program from July to September 2019, including administrative, policy, tax law, and court cases. We have identified some key trends to watch in the SR&ED environment. Administrative, Policy, and Legislative The third quarter of 2019 brought some SR&ED news and information updates Read more…
The SR&ED Tax Credit program is the single largest source of R&D funding in Canada: over $3 billion in tax incentives are distributed annually 1. The program supports Canadian businesses by encouraging industrial research and development. In their latest article, the CRA shared some helpful information for SR&ED claimants from Read more…
SR&ED Program Updates: April-June 2019 This post outlines the updates to the program from April to June 2019, including administrative, policy, tax law, and court cases. We have identified some key trends to watch in the SR&ED environment. Administrative, Policy, and Legislative After the budget was released in the Read more…
In this article, we discuss which fields of science and technology are – and are not – eligible for SR&ED. It is very important that claimants understand the eligibility criteria for the SR&ED tax credits. Only certain fields of research are able to apply to receive these tax credits. Those Read more…