Do I Qualify?
20,000 companies across Canada received SRED tax credits from the federal government in 2019. The average tax credit received was over $150,000 per company. Each province, except now Alberta, has a top-up programto award provincial credits alongside the federal credits.
Your company doesn't need scientists, lab workers in white coats, PhDs, or P.Eng's to qualify for R&D tax credits. Federal government statistics show that 98% of credits are awarded for experimental development work (ie not classic R&D work).
If you design new products or process, carry out IT projects, invest to build your stock of proprietary knowledge and best practices, you may qualify for SR&ED credits. Custom IT work qualifies. Failed and abandoned projects qualify!
R&D tax credits are particularly targeted by the government at small business. Credit rates are higher for small business. Credits are refundable (ie all credits delivered as cheques) for small businesses. (Small business = CCPC, Canadian-controlled private corporation).
Personal service R&D tax credit submissions
We build your claim, co-ordinate with your accountant, submit your claim and get you your cheque
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