What qualifes for SR&ED?

new EVALUATION CRITERIA!

The CRA’s new two requirements:
"Why" and "How”

The CRA has changed its policy! It no longer asks 5 questions to determine eligibility. These are the CRA’s new buzz-words:

The "Why” Requirement

Your work must generate or discover of new knowledge that advances your understanding of technical issues that present challenges you need to resolve. You must perform experiments by measuring some data to test your hypotheses. 

The "How” Requirement

Work must consist of a systematic investigation through experiments or analyses. Generating a hypothesis consistent with known facts, identifying a possible solution to your problem, performing tests and development of logical conclusions based on experiments and analysis.

CLAIM SR&ED

Recover R&D expenses you've already incurred!

You must generate new technical knowledge… and understand CRA’s jargon:
Technological Uncertainties” are problems you can’t solve by applying existing knowledge;
Technological Advancements” are solutions, the new knowledge you discover.

Systematic Investigation

Planning, design, data collection and testing.

Testing and analysis

to verify your hypotheses.

Documentation

Records of who did what, when. Progress reports. Data from experiments. 

Contractor's fees

Recover 33.2% of fees paid to contractors in your province (28% if they’re located elsewhere in Canada.

Building prototypes

You’ll recover 41.5% of costs of materials “consumed”, i.e., used up, rendered useless (<10% of their cost)

Supervision

75% of your CEO’s salary

Get a free consultation

Find out how you can save your time and money.

No need for BIG contingency fees!

Most SR&ED consultants have an accountant and a technical writer.
I both functions, and charge less.
I’ll deliver better service, fast.

Richard Moore

Former CRA Auditor

Find out how much your company will receive from SR&ED