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Fueling the Future: SR&ED as Your Innovation Engine

SR&ED tax credits fuel businesses by providing financial support for research-driven projects. Whether you're improving products or developing new solutions, these incentives help turn innovation into success. Visit us at https://www.sauconsulting.ca or contact us at (587) 284 3266 to get expert support for your SR&ED claim.

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Fueling the Future: SR&ED as Your Innovation Engine

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  1. FUELING THE FUTURE: SRED AS YOUR INNOVATION ENGINE www.sauconsulting.ca

  2. Getting the Right Help Challenges in SRED Claims Table Of Content How SR&ED Supports Businesses Eligible Work Under SRED Costs You Can Claim How SR&ED Impacts Cash Flow

  3. How SR&ED Supports Businesses • Encourages companies to invest in research by offering tax credits. • Supports businesses working on technical improvements and problem-solving. • Helps reduce financial risks linked to product or process development. • Strengthens Canada's economy by promoting new advancements.

  4. Eligible Work Under SR&ED • Developing or improving products, processes, or technologies. • Conducting experiments to test new ideas or solutions. • Identifying and resolving technical uncertainties. • Advancing knowledge in science or engineering fields.

  5. Costs You Can Claim • Salaries of employees doing technical research. • Contractor fees related to research and development. • Materials and supplies used during experiments. • Overhead costs linked to the project.

  6. Impact On Cash Flow • Helps companies reinvest in future research. • Supports long-term financial planning and stability. • Claim refunds or tax credits to reduce business expenses.

  7. Challenges in SR&ED Claims • Proving that work meets CRA’s requirements. • Keeping detailed records of research activities. • Understanding the claim process and deadlines. • Avoiding mistakes that lead to claim rejection.

  8. Getting the Right Help • Experienced advisors can review projects and expenses. • Guidance ensures correct documentation for CRA approval. • Support in handling audits or reassessments. • Professional help saves time and improves claim success.

  9. Contact Us (587) 284 3266 www.sauconsulting.ca Suite 2010, 777 – 8th Avenue SW Calgary, Alberta T2P 3R5

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