Category: SR&ED Eligibility

Mastering SR&ED Claim Meetings: Your Pathway to Success

The SR&ED claim process calls for many key steps, one of the most essential being the orchestration of an effective claim preparation meeting. It’s in this meeting that your company’s technical team and SR&ED consultants converge…

Pros and Cons of CCPCs vs. non-CCPCs: A SR&ED Showdown

Picture the SR&ED tax credit program as the Canada’s innovation arena. In one corner, we have Canadian controlled private corporations (CCPCs) and in the other, non-CCPCs. They’re both scrappy, they both pack a punch, but they…

Identifying SR&ED Eligible Work

Ready to delve into the thrilling world of Identifying SR&ED tax credits like a seasoned detective uncovering hidden truths? Let’s swap your magnifying glass for these hints, providing the ‘whodunnit’ of differentiating routine work from eligible…

Navigating the SR&ED Expenditure Maze: The Canadian Guide

Canada is a land that cherishes innovation, and the government encourages businesses to invest in scientific research and experimental development (SR&ED) projects by offering attractive tax incentives. However, navigating the SR&ED landscape can feel like trying…

SR&ED Tax Credit Program: Calculating Your Return

Calculating the investment tax credits for the taxation year can be a long, complex process. However, don’t let it daunt you. You’ll have an easier time navigating the entire process if you divide it into small,…

SR&ED Tax Credit Program: Qualifying Criteria

It’s important to take certain steps to determine whether your project qualifies as experimental development. The CRA takes five important questions into account when classifying projects that are a part of the SR&ED Tax Credits program….

SR&ED Financial Evidence

SR&ED financial evidence is very important for your claim. You already know that the CRA requires technical evidence in the event of a CRA SR&ED audit. However, it’s also important to keep in mind that financial…

SR&ED Tax Credit Program: Rate of the Return

The SR&ED tax credit program encompasses numerous factors that can influence the rate of return for a business. Some of these factors include the type of company, their revenues, and the taxable capital of associated groups…

Eligible Expenditures for Financial Preparation

When it’s time to determine the investment tax credits for the taxation year, you may feel overwhelmed by the long, complicated process ahead of you. However, breaking the SR&ED tax credits process down into manageable steps…

SR&ED Technical Reports

SR&ED technical reports backed my clear financials and solid evidence are crucial to a successful claim. If you’re planning to file a SR&ED claim, you’ll need to deliver a technical report to the CRA. The CRA…