SR&ED Tax Credits
What is SR&ED?
The Scientific Research and Experimental Development (SR&ED) tax credit program is intended to encourage businesses, particularly SMEs and start-ups, to conduct R&D that leads to new, improved, or technologically advanced products, processes, devices, and materials.
Maximize Your SR&ED Claims via ICP
RDP’s proprietary Innovation Connection Program (ICP) implements a system that maximizes our clients’ SRED tax credit claims. We have over 30 years of experience with the SR&ED tax credit program and built a reputation for being the leading SR&ED provider in the industry.
RDP SR&ED Maximizer
The Game Has Changed: Maximize Your Claim Size!
SR&ED Maximizer Checklist Objective: To claim every SR&ED dollar you’re entitled to.
For over 30 years, RDP continues to build and improve its Maximizer Checklist. At the end of the day we want our clients to feel that they have claimed every dollar of SR&ED tax credit they deserve. The Maximizer Checklist is part of the process to achieve this objective.
One use of this checklist is to review SR&ED tax credit claims that are prepared in-house. In 80% of cases RDP finds substantial additional SR&ED work and costs that are eligible for claim. The reason is that RDP focuses on what a business has not claimed and why. In addition, our specialization over the years has provided us with all the expert knowledge and experience about where businesses typically miss out. The SR&ED rules can be vague and many businesses simply don’t have the time to investigate thoroughly what projects, activities and costs qualify for claim.
The SR&ED Maximizer checklist takes about 1.5 to 2 hours to complete. The ROI is significant given that RDP usually finds substantial additional SR&ED tax credits to claim.
Contact us to learn more about this valuable service.
Reduce the Time and Stress of Your Staff
We reduce the time and effort needed from your staff by up to 80%. This frees up time for your staff to concentrate their efforts on their areas of expertise and contribute more to your company’s productivity.
Better CRA Audit Results
When we compare our records with the number of CRA audits (obtained through the Freedom of Information Act), RDP’s clients have had a significantly lower chance of experiencing a reduction in their SR&ED claim despite strict and frequent CRA audits.
Continuity and Protection of Your IP Matter A Lot!
RDPÂ has been able to maintain and progress the recording of clients’ intellectual property (IP) so that Development and SR&ED continue uninterrupted in the event senior technical personnel leave mid-project. This continuity has proved to offer priceless value.
We Are More Than A SR&ED Provider
Our relationship with CRA and SR&ED
We have built high-earned respect for our work and staff. Our position at RDP is clear: we fight for every dollar that our clients are entitled to, and do so assertively and professionally. Our clients experience a significantly lower chance of audit than the average claim filer and they receive at least 20% more than the average company undergoing a CRA SR&ED audit. RDP looks diligently into your:
- Technical merits and challenges of your technology
- Matters related to your intellectual property rights
- Alternative pathways to commercialize your invention
Properly backing up your documentation
Throughout the year, we work with your team to document and review all possible projects. This way, the claim is supported with proper documentation and you can be certain that your company’s full efforts are reviewed with no project overlooked.
Explore government funding beyond SR&ED
There is a wide range of business grants that fund business activities beyond R&D. These activities include innovation, business expansion, hiring, training, and accessing foreign markets. RDP covers all these areas of funding in great depth. We have specialty departments in various business sectors such as cleantech, agriculture, life science, advanced manufacturing and subsectors of the tech industry (fintech, e-health, digital media, artificial intelligence, and software).
Don’t Trust Any Sales Pitch;
Test Drive Us
When you select an SR&ED provider, the bottom line is the quality and competency of SR&ED consultants that work on your claim. We have a 100% success rate of winning SR&ED work when a prospective client undertakes a small assignment that permits RDP to work with their staff. We’re confident that when RDP’s staff spends even a small amount of time working with your staff, our expertise shines through.
Maximize Your SR&ED Claims in Real-time:
- Ensure SR&ED projects are properly identified
- Check all eligible SR&ED projects are claimed
- Confirm all eligible SR&ED activities are described and quantified
- Ensure all SR&ED Costs are correlated to eligible SR&ED projects
- Ensure all SR&ED costs are accurate
Contact Us to Schedule a Free Assessment of Your SR&ED Eligibility
We offer complimentary assessment of your eligibility for SR&ED including business expenses and other forms of government funding programs.