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…
One of the questions that are frequently asked is “who can I call for updates”? In this short article, we will discuss who to call – and who not to call – in order to check on the status of your application. Who should I call? This is a Read more…
The Canada Revenue Agency (CRA) search for external SR&ED consultants to assist with SR&ED claims. In early 2018 the CRA posted a notice on buyandsell.gc.ca that the agency is “seeking to establish a supply arrangement to maintain a list of pre-qualified consultants … on an ‘as and when requested’ basis, authorized Read more…