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Posted November 30, 2015 by

You can and should still claim for SR&ED if you received other forms of government assistance. A SR&ED project accumulates eligible SR&ED expenditures, and when you claim SR&ED you receive a percentage of these expenditures as a tax credit or refund. These expenditures include wages and some types of materials and contracts. The SR&ED expenditure […]

Posted October 21, 2015 by

In recent years CRA has placed more emphasis on the Technological Advancements and related Uncertainties.  Although we have adapted to CRA’s new requirements, many claimants are still using the old criteria when preparing claims.  Too many people focus their SR&ED claim around their product or equipment development.  There is often an insufficient description of how […]

Posted September 21, 2015 by

Many businesses believe they do not have enough documentation to file a claim.  However, most of the time there is sufficient evidence to justify submitting a claim.  It’s very likely there are some dated purchase orders, or dated contracts with customers to prove when the work occurred.  We encourage our clients to setup an “SR&ED […]

Posted September 9, 2015 by

Most of the time, a company will undertake a SR&ED project even if they are not going to submit a claim under the SR&ED program.  We tell our clients that the government is paying you to keep records.  As a result, one of the most profitable activities your staff will work on during the year […]