What is SR&ED? The Canadian Federal Government provides one of the most generous SR&ED tax incentive programs worldwide. These programs encourage companies to participate in
Throughout the 21st century, we have seen the most rapid growth in technological advancements ever experienced. Society is consistently trying to find improvements in the
In the past years, Canada has become the center for research of Artificial Intelligence or commonly known as AI. The federal government and many huge
CCPC’s (Canadian Controlled Private Companies) can earn a refundable tax credit of up to 35% of qualified Scientific Research and Experimental Development (SR&ED) expenditures regardless
Did you know there are two ways to claim SR&ED Overhead expenditures? Most claimants use the proxy method to calculate SR&ED overhead expenditures since it is the
Introduction Only the amount, size, extent, or duration of work that is necessary for and directly in support of the basic research, applied research, or
Introduction The creation of new materials, devices, products, or processes, or the improvement of existing ones, can be achieved without technological advancement. Work can be
Introduction Development work is based on an existing scientific or technological knowledge base. Specifically, you might be directly adapting a known engineering or technological practice
SR&ED Case Study: Cost Targets Leading to Technological Uncertainty Introduction Even though a cost target in itself does not necessarily create a technological uncertainty,
Introduction There is a difference between a technical problem and technological uncertainty. We cannot determine eligibility without understanding the work performed and evaluating it using the
