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...
Whose SR&ED is it Anyway?

Whose SR&ED is it Anyway?

When companies develop new products, be it software, machinery, consumer goods, or technology, it is not unusual for the corporation, particularly SMEs, to hire a contractor to perform some or all of the work. Historically, over 90% of the time, these corporations...
SR&ED Incentives in Ontario Budget Like OITC

SR&ED Incentives in Ontario Budget Like OITC

The recent 2018 Ontario budget announcement includes some changes designed to make it easier to grow your business. Ontario-based businesses can benefit from increases to the provincial funds available under the Scientific Research & Experimental Development...