The Scientific Research & Experimental Development (SR&ED) tax credit is one of Canada’s most generous innovation funding programs, returning over $3.4B to companies every year.
The CRA’s recent interpretations of this complex program and adherence to strict documentation requirements have caused some SMEs to avoid claiming altogether. These companies could be missing out on thousands of dollars worth of cash back to the company to further innovation and compete on a global scale.
Boast Capital launched Your Ultimate Guide to Claiming SR&ED Tax Credits to further educate companies about the SR&ED program, maximize R&D budgets and overcome program concerns. This 20+ page interactive SR&ED guide answers the following questions and more:
- Do I qualify for SR&ED?
- What can I claim?
- How do I calculate my potential return?
- What do I have to document?
- How does the CRA review claims?
- How long does it take to process my SR&ED claim?
- I’m ready to claim. Now what?
Click the image below to access Your Ultimate Guide to Claiming SR&ED Tax Credits and start maximizing your claims:
This content is sponsored by Boast Capital.