What is SR&ED?

The Scientific Research and Experimental Development (SR&ED) program is an R&D tax credit program administered by Canadian federal and provincial governments that offsets salary, overhead, material, and subcontractor costs incurred by qualifying businesses.

The scope of this program is massive. In 2019, 20 000 companies in Canada received $3 Billion in federal tax credits through this program. Individual provinces, including British Columbia add to this amount.

Do I Qualify?

The label that SR&ED has, being a R&D tax credit program is daunting to companies that are not sure if they would qualify. You don’t need to be in aeronautical robotics or employ scientists, engineers or lab workers to qualify for this lucrative program. Normal companies within manufacturing, IT, agriculture, start ups, and more may qualify. Contact us to schedule a no-charge assessment.

How We Can Help

Assessment of your company – As a first step, we provide a free, no obligation assessment of you companies situation as it relates to SR&ED. You will discuss your business with our expert and see if the program is a fit for you.

Application and Submission of your claim – We work with your accountant and management team to compile all documentation required to support your claim. Your SR&ED claim is then prepared by our expert team and submitted to the CRA for review. This is all done at no cost to you, as we collect our fee on a contingency based on the money you receive.