What is the Claim Process?
Projects are eligible up to 18 months after the Fiscal Year end.
There are no limits to the amount that can be claimed.
What Qualifies as SR&ED?
- Identification of Eligible SR&ED Projects
- Preparation of the Technical Submissions and Financial Summary sheets
- Preparation of the Tax Schedules
- Process with the Canadian Revenue Agency (CRA)
- Technical and Financial Audits (if required)
- Receive your CHEQUE
Projects are eligible up to 18 months after the Fiscal Year end.
There are no limits to the amount that can be claimed.
What Qualifies as SR&ED?
- Development of a new design or process
- Improvements to existing designs or processes
- Prototype components, equipment or fixturing
- Trials to reduce scrap or improve productivity
- Solutions to problems encountered in everyday business work
- Development of new business opportunities