1 / 7

All about SR&ED Tax Credits – Canadian SR&ED Solutions

The CRA checks each claim very carefully and will discard any that do not meet its criteria. So it is better to consult with SR&ED consultants. Canadian SR&ED Solutions is a team of SRED specialists who can assist you in gathering, filing and preparing SRED claim documents. Contact us today at 1 587 200 4163 or visit the website https://canadiansred.ca/

canadiansred
Download Presentation

All about SR&ED Tax Credits – Canadian SR&ED Solutions

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. All About SR&ED Tax Credits Canadian SR&ED Solutions

  2. Scientific Research and Experimental Development Tax Credit Program The SR&ED program is designed to support the business of all sizes carrying research and development of the new, improved, processes, materials, advanced products and devices. The Canadian Government provides an SR&ED tax credits for the R&D. Canada provides the most generous SR&ED programs among countries.

  3. Provinces and territories investment programs. Prince Edward Island offers grants under various funds. Alberta offers SR&ED funding through its science and research investments grant program. Research and development (R&D) tax credit and the funding are in addition to the federal SR&ED program. Northwest Territories provide a 15% tax credit under the Risk Capital Investment Tax Credits Act.

  4. Role Of Canada Revenue Agency (CRA) SR&ED is a Canadian federal tax incentive program run by the Canada Revenue Agency (CRA). It funds businesses that engage in science and technology research and development (R&D). This funding can be a direct cash payout or tax credits.

  5. Expenditures that can be claimed A firm can claim many of its expenses incurred under the SR&ED program. In fact, we recommend maximizing the SR&ED claim by including as many expenses as possible.

  6. Requirements for SR&ED On a primary level, you need to be involved in scientific and technological R&D. You need to be working towards uncovering scientific or technological knowledge that has not been known previously within the public or industrial domains and/or, you need to be developing or improving products and processes to advance technology.

  7. THANK YOU!!!!! Do you have any questions? info@canadiansred.ca +1 587 200 4163 www.canadiansred.ca Canadian Travel Clinics www.canadiansred.tumblr.com

More Related