Author: Tim Robertson
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SR&ED Factoring – Get Financing Fast Now
SR&ED Factoring is a method of using a SR&ED tax credit claim to help finance your venture. For any business that does research and development, there is probably a lot invested in the budget behind these activities. In many cases you may want to receive the benefit any tax credits now rather than later. If…
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Top Ten Reasons Canadian Businesses Don’t Apply for SR&ED
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…
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Filling Out the SR&ED T661 Tax Claim – This is Crucial
In the following pictures of the T661 form, you can see where you have to fill out the technical details of your claim. Make sure you have SR&ED engineer who has done this many times before — or you may have to defend your claim, spending time and money that could be allocated elsewhere. Question about…