Why don’t more companies take advantage of SR&ED? Here are some of the top considerations Canadian business people have about applying for SR&ED tax credits: 1. “It’s too complicated and time consuming to be worth it.” Is a cash refund of $30,000 – $2,000,000 worth something to the yearly cashflow of your business? If you [...]
How to get substantial tax credits for your business without expending cash or wasting time. The SR&ED tax incentive program can give you cash-back tax credits for the research you’ve done, and you don’t need a PhD or a research lab to get them. Any taxpayer who runs a business in Canada and employs Canadians may [...]
Take Advantage of SR&ED, and Put Research Into Your Budget There are some very generous research and development tax credits in Canada, and you should be taking advantage of them. The Canadian government allows innovation tax credits every year to Canadian companies (and Canadian taxpayers) who perform research and development in order to become more [...]
H0w how you can receive a cheque from Revenue Canada’s SR&ED Tax Credit Program… AND how you don’t need a research department to get substantial cash-back tax credits each and every year. Any industry is eligible. Whether you’re a 3-man machine shop in British Columbia or a large furniture manufacturer in Nova Scotia – if [...]
