SR&ED tax credit Archives - SR&ED Education and Resources

Changes

New SR&ED Policy: Guidelines on the eligibility of work for scientific research and experimental development (SR&ED) tax incentives

On August 13, 2021, the Canada Revenue Agency (CRA) announced a new scientific research and experimental development (SR&ED) policy document: Guidelines on the eligibility of work for scientific research and experimental development (SR&ED) tax incentives. This document replaced the Eligibility of Work for SR&ED Investment Tax Credits Policy which has Read more…

By Danielle Cooper, 2 months ago

About

CEWS and SR&ED – Guidance from the CRA

The Canada Revenue Agency (CRA) recently released detailed guidance on how the Canada emergency wage subsidy (CEWS) affects scientific research and experimental development (SR&ED) investment tax credit (ITC) claims. CEWS is one of many COVID-19 support programs available, designed to allow employers to rehire employees or retain them during the Read more…

By Danielle Cooper, 7 monthsMarch 23, 2021 ago

Eligibility

Updates to the SR&ED Filing Requirements Policy

On November 26, 2020, the Canada Revenue Agency (CRA) announced updates to the SR&ED Filing Requirements Policy to reflect legislative changes which were made in light of the COVID-19 pandemic, in particular, extensions to Scientific Research and Experimental Development (SR&ED) reporting deadlines. The SR&ED Filing Requirements Policy states: In response Read more…

By Danielle Cooper, 11 monthsDecember 7, 2020 ago

About

Plan, Do, Check, Act (PDCA) and SR&ED

Many software companies follow the format for the Plan, Do, Check, Act (PDCA). Unfortunately, this alone does not satisfy the definition of the scientific method. This article looks at PDCA and how a recent ruling was impacted by following this cycle. On July 7, 2020, the Tax Court of Canada Read more…

By Danielle Cooper, 12 monthsOctober 27, 2020 ago

About

Government Support Doesn’t Mean Less Government Funding

No, government support doesn’t mean you will get less government funding! We are often asked by clients if accepting government support means that their scientific research and experimental development (SR&ED) investment tax credit (ITC) will automatically be lower. The answer is no! Government support means that you are getting money Read more…

By Danielle Cooper, 1 yearJune 30, 2020 ago