| Toronto: | (416) 477-5569 |
| Calgary: | (403) 744-0143 |
| Winnipeg: | (204) 272-2923 |
SR&ED Program
Canadian Government encourages and supports business owners who develop technical advancement and scientific knowledge by way of the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program.Through the SR&ED program, companies receive R&D refunds for expenses incurred through in-house research and experimentation.
Revenue Canada defines work that qualifies for SR&ED tax credit as follows:
To qualify for the SR&ED program, work must advance the understanding of scientific relations or technologies, address scientific or technological uncertainty, and incorporate a systematic investigation by qualified personnel.
Read moreCI Solutions provides professional services to companies who dedicate time and effort through experimental activity towards advancement in their field of expertise. With a minimal time investment on your part, CI Solutions will work with you to prepare and file a SR&ED claim for your business. Our ultimate goal is to offer an efficient and effective SR&ED ITC claim for your company in the most streamlined way possible.
In order to prepare a successful SR&ED ITC claim, CI Solutions will;
- Meet with you to screen your projects and determine SR&ED eligibility
- Prepare a comprehensive technical report detailing your experimental activity
- Prepare all the tax schedules and accounting reports regarding project costs
- Submit your SR&ED claim to CRA
- Provide support when dealing with SR&ED financial and technical reviews.
CI Solutions will work with you through every step of the SR&ED process from helping to identify SR&ED eligible projects to when you receive your tax refund. However, how you spend your refund is completely up to you!