Distinguish Company Project and SR&ED Project: Avoid Confusion
When companies apply for the Scientific Research and Experimental Development (SR&ED) – one of Canada’s largest tax incentive programs, one of the most challenging issues they face is distinguishing between a company project and a SR&ED project. What’s the difference...
SR&ED vs IRAP – Which One to Claim? The Most Detail Comparison Tables
Innovation has always been a priority for the Canadian Government. There are plenty of programs related to research and development (R&D) offered to help Canadian-based companies. The two most popular tax incentive programs are the Scientific Research and Experimental Development...
Eligible Expenses for SR&ED: What Can be Claimed?
SR&ED Qualifications If your research and development (R&D) project covers either of the following three categories: Basic Research Applied Research Experimental Development Then congratulations! You are eligible to apply for SR&ED (Scientific Research and Experimental Development). However, there is one...
5 Common Misconceptions about SR&ED
Once corporations in Canada decide to apply for SR&ED tax incentive program, they need to make sure their claims have been done correctly. However, the application process for SR&ED can be a bit complicated, which is the reason why there...
SR&ED Documentations You Need to Prepare for Successful SR&ED Application
If your project seems to qualify for SR&ED (scientific research and experimental development), the next step is to prepare a proper application. This process may not be as easy as you thought because you have to show that your project...
Everything about FTCAS – First Time Claimant Advisory Service for SR&ED Application
Imagine you are applying for the SR&ED program for the first time. After a few months, you receive an invitation to a service called FTCAS, and the reviewers from the CRA want to talk with you and your company about...
Do I Need Someone to Help with my SR&ED?
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. However, a great number of...
A Recall on Election 2021: Keep Supporting Technological Development
It has been almost a month since the end of the Canadian Federal Election 2021 on Sept. 20. Prime Minister Justin Trudeau was re-elected but again only won a minority of seats in the House of Commons. Will the Liberal...
4 Reasons Why You Should Apply for SR&ED
For all kinds of businesses in all sectors, the SR&ED program is created to encourage and support them to explore and experiment with technological projects. However, there are also plenty of similar programs offered by the Canadian Government. What makes...
