How Does SR&ED Work? An Infographic on SR&ED Tax Credit Rates

The Scientific Research & Experimental Development (SR&ED) Tax Credit is a federal tax incentive administered by the Canada Revenue Agency (CRA) since 1986. Its purpose is to encourage Canadian businesses of all sizes and in all sectors to conduct research and...
How Do You Choose the Right SR&ED Consultant?

How Do You Choose the Right SR&ED Consultant?

When it comes to selecting a SR&ED consultant, the task is usually assigned to the CFO, or in smaller organizations, the owner. The selection process is typically based on receiving recommendations from a trusted friend or business associate. However, it is worth...
Had an Unpleasant SR&ED Claim Review by CRA?

Had an Unpleasant SR&ED Claim Review by CRA?

The SR&ED tax credit program is odd in that from a tax policy viewpoint it is an incentive program, nudging companies to carry out more R&D in Canada and develop innovative products and processes. However, because the program is administered by CRA, one must...