How do we know if we qualify for SR&ED?
If you have developed a new concept, worked on new products, or made an innovation to an existing product, you may have incurred SR & ED expenses, which would make you qualify. If you are unsure, we can help you determine if you are eligible with no obligation.
Why choose CTS & Associates for SR&ED?
SR & ED is a highly specialized category of claim, and we have the expertise and experience required to provide the written report and supporting documentation that the CRA requires in order to process the claim in your favour. We are precise, concise, and have an exceptional track record across an array of fields and industries.
How much could a potential claim be worth?
Claims are dependent on how much money your company spends on SR & ED. Generally claims are in the thousands of dollars.
How far back can we claim?
The filing deadlines vary depending on the claim being filed. A claim has to be filed 18 months after the year-end date of the fiscal year in question. For example for a company with a June 30th year-end, the 2013 SR&ED claim (if not filed originally with the corporate tax filing by December 31, 2013) would need to be filed by December 31, 2014. Because of this, it is important that you begin the process as soon as possible to avoid missing filing deadlines.
We have never claimed anything like this before, is it complicated?
We work with may first-time claimants have an excellent track record with first time claims as well as with regular claimants. We make the process easy and stress free by preparing the claims for you and liaising with government representatives on your behalf so you don’t have to.
What is your fee structure?
Our fee is contingent upon results. We offer a competitive, sliding scale fee structure down to as low as 15%. There is no retainer. We don’t get our fee until you get your money.