Many taxpayers wonder why they should use a scientific research and experimental development (SR&ED) consultant. Are they worth the money? Do they help or do you do all the work? Experienced SR&ED consultants can help you navigate the complex world of SR&ED and help you to maximize your SR&ED investment Read more…
On October 5, 2020, the Court of Quebec delivered a ruling on a Scientific Research and Experimental Development (SR&ED) investment tax credit (ITC) appeal. In the case of MDA Systems Ltd. c. Agence du Revenu du Quebec (2020), Justice Daniel Bourgeois ruled in favour of MDA and dismissed the Appeal, Read more…
A recent legal ruling brought to light the issue of what happens when Scientific Research and Experimental Development (SR&ED) consultants and their clients do not agree. The answer is in the contract. This ruling highlights the importance of both sides reading and agreeing to the details in the agreement as Read more…
Event Notification On March 25, 2021, SR&ED Stakeholder will be broadcasting their virtual webcast on SR&ED topics. Of particular interest to SR&ED claimants and preparers will be the sessions relating to new technological advancements and patents and SR&ED medical issues. The effects of COVID-19 on SR&ED claims and recent tax Read more…
We are often asked by our clients about taxable benefits and SR&ED. Are bonuses eligible? Retiring allowances? What other benefits can we include? In this article, we will examine taxable benefits and what they mean for your SR&ED application. What are taxable benefits? The SR&ED Salary or Wages Policy defines Read more…