Identification of eligible technical projects
Overview of the SR&ED Tax Credit
The Scientific Research and Experimental Development (SR&ED) program is a multi-billion-dollar government incentive program introduced in the 1980s to encourage innovation and leadership by subsidizing eligible R&D expenditures. It is among the best sources of funding for firms undertaking technology development in the world. In Canada, all projects that attempt technological advancement, face technological uncertainty and use a systematic approach are potentially eligible for a refundable tax credit (or reduction of taxes payable) for related eligible R&D expenditures
Our Services
Do you qualify?
In a nutshell, any corporation in Canada that undertakes a project that: 1) attempts to technologically advance a material, product, or process, 2) faces technological uncertainties and 3) uses a scientific approach would be eligible for SR&ED tax credits.
What Can You Expect to Receive?
You could be eligible to receive up to 74% of your R&D salaries expenditures back in the form of a refund. R&D Partners will ensure that you will take full advantage of the tax credit opportunities available for your company.
“Over the last 10 years, I have been impressed by their dedicated team. They have made the R&D tax credit process extremely straightforward and efficient for us across the Canadian firm. Their effective approach, tools, and training provide us with the foundation for us to successfully manage the SR&ED tax incentive. I would recommend them without hesitation to any company looking to benefit from R&D tax credits.”
“They are a very professional and experienced team that adapted their approach to our needs. I would like to thank them for their assistance with our SR&ED claims.”
“Their level of service has been outstanding over the last five years. They led us through every step of the process from properly setting up the company in Canada, to implementing R&D best practices; identifying and applying for tax credit and grants, and successfully taking us through audits. I am impressed with R&D Partners; we do really consider them as our partners.”
“We are extremely pleased with our decision to work with R&D Partners. They are efficient, straightforward, knowledgeable and deliver above and beyond expectations. We would recommend them to any organization.”