SR&ED TAX SPECIALISTS
What is SR&ED
The SR&ED Program provides more than $3 billion in tax incentives to over 20,000 claims annually, making it the single largest federal program that supports business research and development (R&D) in Canada. The program is administered by the Canada Revenue Agency (CRA).
3 types of eligible R&D:
- Basic Research
- Applied Research
- Experimental Development
PROVINCIAL SR&ED AMOUNTS TO MORE THAN $1 BILLION ANNUALLY
In addition to the federal SR&ED incentives, all provinces (except Alberta and Prince Edward Island), as well as the Yukon, provide tax incentives to taxpayers that carry on research and development (R&D) activities.