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…
Trends in SR&ED in Q1 of 2019 The first quarter of 2019 was relatively quiet in relation to SR&ED and the CRA. There were no major program or policy changes announced and all of the forms remained unchanged. The CRA did not announce any changes to the program in 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…
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. Administered by the Canada Revenue Agency, SR&ED claims must follow certain guidelines and of Read more…
Who doesn’t love a good checklist? That feeling of accomplishment when you can cross items off one by one (even if one of the items on that list is “Have a cup of coffee”). What follows is a top 10 list of things you will want to do before filing Read more…