Research and development and government incentives

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Are you developing innovative processes or products, undertaking experimentation or solving technological problems? If so, you may qualify to claim SR&ED tax credits. This Canadian federal government initiative is designed to encourage and support innovation in Canada. Our R&D professionals are a highly-trained, diverse team of practitioners that are engineers, scientists and specialized accountants.
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Related insights:

Tax alert T3 Schedule 15: Does your trust have additional reporting requirements?

In its last update on August 12, 2024, the Department of Finance (Finance) released draft legislation that proposes changes to these rules, which were originally enacted on December 15, 2022. It’s critical that you determine your trust’s reporting requirements each tax year as the non-compliance penalties are significant.

7 min read | 18 Nov 2024

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Related insights:

Tax Alert Flipping a house? Your gain could be fully taxable under this new rule

The federal government has released draft legislation for the new residential property flipping rule introduced in Budget 2022. Read more in our summary.

6 min read | 06 Nov 2024

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Minimize the work and maximize the credit

Are you developing innovative processes or products, undertaking experimentation or solving technological problems? If so, you may qualify to claim SR&ED tax credits.

This Canadian federal government initiative is designed to encourage and support innovation in Canada. But how do you know if you qualify? And if you do, how do you make a claim?

Our R&D professionals are a highly-trained, diverse team of practitioners that are engineers, scientists and specialized accountants. We can determine if you’re eligible, and help you to optimize your tax credit opportunities. We can also devise processes that will help your business capture SR&ED-related expenditures for future claims.

We’re with you every step of the way - from planning and managing the claim process to filing the claim and defending it with CRA if chosen for an audit. Our goal is to help minimize the work and maximize the credit, while you keep doing what you do best: innovate.