The Updated SR&ED Eligibility Guidelines: What’s New? What’s Removed?
We have been through a lot in the past 2021 and the SR&ED program is no exception. From the guidance on how the CEWS may affect SR&ED at the beginning of the year to the latest update on the SR&ED...
Tax Credits in BC: How They Can Benefit Your Business?
As one of the most famous and economically developed Canadian provinces, British Columbia (BC) has long been among the top choices for companies and businesses. At the same time, the government of BC has also provided plenty of attractive tax...
5 Tips to Be Successful in SR&ED Claims
The Scientific Research and Experimental Development (SR&ED) program is a tax incentive program offered by the Canadian Government and the Canada Revenue Agency (CRA). It is designed to generously support businesses that invest in research and development (R&D). However, a...
Invest in British Columbia? EBC Might Be the Best Choice
If you are an investor who is willing to invest in British Columbia (BC) and receive certain benefits such as funding, or if you are a business corporation that is looking for government programs to raise capital and create more...
The SR&ED Review: Be Ready for Your Review Meeting
If the reviewers from the CRA are still unsatisfied with the SR&ED supporting documents (either technical or financial), they may conduct an on-site SR&ED review meeting with the applicants. Due to the COVID-19, all the meetings are online, but it...
The SR&ED Review: Detailed Preparations
The last article went over everything applicants might expect from SR&ED reviews. There is no need to freak out, but it is better to prepare well in advance. So today, we are going to talk about every detail about the...
The SR&ED Review: Purposes and Types
When you submit your SR&ED application, there is always the possibility that the Canada Revenue Agency (CRA) will review the claim to make sure if the project meets the requirements of SR&ED. Naturally, an SR&ED review needs to be treated...
How Construction Corporations Can Benefit from SR&ED
The COVID-19 has brought a significant impact on the economy of Canada, but peopleās demand for housing is still rising continuously. Consequently, Canadian construction companies face a bright future. The Scientific Research and Experimental Development (SR&ED) program can help them...
4 Important Terms to Know Before the SR&ED Application
We have covered a lot of helpful information for SR&ED in the previous blogs. However, there are still some important terms to explain in detail because the glossary provided by the Canada Revenue Agency (CRA) often seems difficult to understand...
