Why A Law Firm?

Maximize and protect your R&D Tax Credits

Canadian Services

Scientific Research & Experimental Development (SR&ED) Tax Credit Claim Preparation

 

General Program Information

 

The Scientific Research and Experimental Development (SR&ED) tax incentive program is the largest single source of federal government support designed to encourage research and development (R&D) in Canada.

Each year, the SR&ED program provides over $4 billion in investment tax credits (ITCs) to over 18,000 claimants. Of these, about 75% are small businesses.

After a very extensive multi-year review of the SR&ED program the Canadian federal government in its Budget 2012 reaffirmed the program would be here to stay.

 

What benefits can I get from SR&ED tax credits?

 

A privately owned small- or mid-sized company in Canada can receive up to 68%, or more, of its R&D expenditures back as cash or a credit to offset its tax bill.

Larger, foreign-owned, or publicly-traded companies in Canada can receive up to 46%, or more, of its R&D expenditures as a credit to offset its tax bill.  Some provinces like Alberta provide up to 16.5% of these companies’ R&D expenses as cash.

But only if you are eligible under the law:  all SR&ED claims are made, or broken, under the law.   Corporate, tax, intellectual property, and international law.   It’s all in the details.  If you get any of those legal details wrong, you simply won’t be entitled to any benefits no matter how innovative your R&D efforts may be.

Leverage our unique combination of legal and scientific/technical skills to maximize and protect your SR&ED claim.

 

Who can claim SR&ED tax credits?

 

The SR&ED program is available to any business operating and carrying out R&D in Canada. Certain expenditures for SR&ED performed outside Canada are also permitted.

Any business that is involved in basic or applied research, or in advancing technology in order to improve or develop new materials, devices, products or processes may be eligible under the SR&ED program.

We make claims for companies across a range of sectors including:

  • Aerospace, Defense and Security – advanced systems development, systems integration, obsolescence and lifecycle enhancements, materials science and engineering, structural and mechanical systems, optics, RADAR and LIDAR systems, security and simulation software, propulsion systems, aeronautics, airframe, avionics, repair methods, STC’s and LSTC’s.
  • Information Technology – software development, enterprise solutions, embedded systems, mobile and cloud based solutions, big data analytics, visualization systems, simulation systems, gaming systems, frameworks and engines.
  • Manufacturing – machine modifications, process improvement, unique products.  Mechanical, chemical, structural engineering products.
  • Electronics – hardware developments, modification and customization.
  • Oil, Gas, and Energy – clean tech, biomass, solar, cogen equipment and methods, exploration equipment and methods, biofuels, drilling equipment and methods, compressors, well servicing equipment, hydraulic fracturing methods and equipment, analytics.
  • Materials engineering and sciences – nano materials and coatings.
  • Metal Fabrication – new materials, heat treatments, unique solutions.
  • Plastics Industry – resin types, quality and production time, polymers.
  • Chemical – chemical design and synthesis, formulation, processes, experimentation.
  • Environmental Technologies – technological experimentation, product development

 

Our Services Include

 

  • Unique and proactive SR&ED-aware legal advice throughout the year
  • Proactive and simple evidence curation year-round to maximize your claim, audit-prep your claim, and minimize your effort
  • Non-intrusive and integrated services whether you’re a 3-person shop or a Fortune 500 company
  • Preparation of all required forms
  • Monitoring your SR&ED claim once filed
  • Audit defence and negotiation during government reviews
  • Consult, advise and make recommendations associated with future claims

All services are provided without risking your cash if you choose our contingent billing method, where we paid a percentage of tax credits granted.

Our personalized and highly professional team will help you in understanding the program and its subtleties, taking care of your claim, allowing you to focus on your business.