SR&ED cash =
Does your company qualify for SR&ED?
Canadian Controlled Private Corporations receive $3 billion of Scientific Research and Experimental Development (SR&ED) tax credits every year.
Save your time!
We will identify your activities that qualify for SR&ED, and together determine the amount of cash your company is eligible to receive.
Be confident the CRA will approve your SR&ED claim
We'll explain why your activities qualify, and identify the SR&ED-eligible expenses in your General Ledger.
What activities qualify for SR&ED?
You must generate new technical knowledge, and learn the CRA’s jargon:
“Technological Uncertainties” are problems that you couldn’t solve by applying generally-available knowledge;
“Technological Advancements” are solutions to those problems, new technical knowledge that you generated.
Systematic Investigation
Designs, tests and plans.
Data analysis
Measure something, so you can validate your hypothesis.
Documentation of your activities
Keep a diary and records of who did what, when.
Contractor's fees
You’ll receive 33.2% of fees you paid to contractors.
Prototypes
You’ll recover 41.5% of the costs of physical materials “consumed”.
Supervision
75% of your CEO’s time can qualify for SR&ED.
The CRA needs to know
"Why" and "How” you performed your activities:
The "Why” requirement:
The reason why you performed your activities must have been to understand new things about the technology you utilize, not merely to apply it.
The "How” requirement:
You must attempt to verify a hypothesis by experimenting to test potential solutions, measuring results and analyzing data.
Should you hire a former CRA auditor?
The CRA’s perspective is different from your viewpoint.
We’ll extract information from your technical records and IRAP Application to explain why your activities qualify to the CRA.
Your SR&ED claim will be clear, concise and complete,
so the CRA will likely approve it promptly.
We’ll identify eligible expenses in your General Ledger,
then I’ll prepare all SR&ED financial data for your accountant
to enter into your T2 corporate income tax returns.
If the CRA decides to audit your SR&ED claims we’ll both defend them.
Save your time
The CRA is more likely to approve your SR&ED claim with my help.
Use my proven templates
The CRA has approved them many times.
Include all eligible expenses
Don’t overlook any.
Prepare your SR&ED claim fast
You’ll receive your cash more quickly
Be prepared for an audit
We’ll be ready if the CRA asks questions.
Become confident you'll receive your cash
I understand how how the CRA’s arcane rules apply to your facts and circumstances..
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You'll find it easy to interact with just one person
Other SR&ED consultants need
an accountant and a technical writer.
You’ll save time, pay less
and receive better results faster.