How CRA Assesses SR&ED Claims : Expert Insights & Key Criteria
The SR&ED tax credit program is coming up to its 40th anniversary. While technology has changed significantly over this period it is interesting to note that the criteria and definition of what constitutes as SR&ED on a technical perspective has not changed...
Navigating Recent Changes in SR&ED Claims: What You Need to Know
At RDP Associates, we’re committed to staying ahead of regulatory changes that impact SR&ED tax credits and government funding. A recent legislative update and a subsequent clarification from the Canada Revenue Agency (CRA) could offer significant benefits to your...
Prepping for non-dilutive Government funding in 2025
With only two months left in 2024, companies should be strategizing to align their 2025 projects with various government incentives. As we get deeper into the government’s fiscal year the amount of funding diminishes, and grant programs begin to close down. Grant...
The SR&ED landscape
The most recent statistics published by CRA are for the April 1, 2023 to March 31, 2024 government year. These statistics provide some insights and opportunities. SR&ED stats Overall, just over 21,500 SR&ED claims were processed. It is important to keep...
