SR&ED (Research & Development)
We offer a very competitive fee down to 15% with our sliding scale structure
SR&ED is a highly specialized, technical area of refund opportunity. Many companies are unaware that they could qualify for this type of refund because they do not feel that they are doing any type of SR&ED. Our experience has shown us that as long as the company has undertaken to develop a new product, product/improvement, new or innovative concept or development and improvement of in-house production equipment there is an excellent chance of the SR&ED claim being successful. The project has to have specific objectives and to have been done in an uncertain environment. i.e. while doing the work the research team is never sure that it is going to be successful. This uncertainty element is important. Bottom line is that if you feel that there is a remote chance of your firm having done any kind of new research or development then call us. We can identify a potential SR&ED claim very quickly. It doesn’t cost you anything to find out. But it will cost you significantly if you have SR&ED and don’t file. Your competitors are filing claims. You put yourself at a distinct disadvantage if you miss this opportunity.
We have found that as long as the company is doing SR & ED and the Government requirements are being met regarding proper paperwork and deadlines Canada Revenue Agency is being reasonably accommodating in approving first time claimants. Do not worry about having to come up with intricate overhead calculations etc. CRA has a quick and ready formula to calculate this. Labour hours spent on SR&ED work can be readily computed. We have not yet been unsuccessful regarding any first time claimants for whom we have filed. Once we identify that there is SRED potential we have the expertise to put together the required paperwork in the format and presentation required by CRA. Of course Canada Revenue Agency is more stringent in reviewing second time claimants but our expertise ensures that your claim has the best possible chance of being approved no matter how many times you have previously filed.
We work with you in identifying your project so that we can prepare the written report. We compile and file the claim and provide ongoing support throughout the Government refund process.
Procrastination in this area could cost you thousands of dollars. Do not miss out because of missed deadlines. Remember you have 18 months after your corporate year end to file the claim i.e. 12 months after the filing deadline of your year end. Once you miss a deadline it becomes too late.
Please contact us if you have the slightest inkling that you qualify for SR&ED. You will not be sorry you did.
Scientific
Research and Educational Development also known as SR&ED,
SR & ED and SRED
SRED : SR&ED : CRA
: SRED : SRED Ontario : SR&ED Tax Credit :
