SREDX(19)
-
SR&ED Excluded Work
Market research or sales promotion Market research, advertising, and sales promotion primarily aimed at marketing or selling products or services are not eligible for SR&ED. Quality control of materials, devices, products or processes Quality control or quality assurance activities that focus on maintaining the quality or consistency of existing products or processes without seeking technologica..
2023.10.04 -
SR&ED Eligible Support Work
Engineering Design Operations research Mathematical analysis Computer programming Data collection Testing Psychological research Work with respect to the eight categories listed above does not constitute SR&ED on its own. However, if it is commensurate with the needs and directly in support of basic research, applied research, or experimental development work undertaken in Canada, it falls withi..
2023.10.04 -
SR&ED Eligible Work
Experimental development Work undertaken for the purpose of achieving technological advancement for the purpose of creating new, or improving existing, materials, devices, products or processes, including incremental improvements More than 85% of SR&ED claims fall under experimental development Applied research Work undertaken for the advancement of scientific knowledge with a specific practical..
2023.10.03 -
What Is the Definition of SR&ED?
How A systematic investigation or search that is carried out in a field of science or technology by means of experiment or analysis Why To advance scientific knowledge through basic or applied research or achieve technological advancement through experimental development
2023.10.03 -
Basic Requirements for SR&ED
SR&ED activities conducted in Canada by or for you SR&ED is related to your business Expenditures are incurred Corporations need to file a full claim within 18 months
2023.10.03 -
The SR&ED Program at a Glance
$3 billion in investment tax credits provided every year 60,000 R&D projects 20,000 claims 30% of claims are selected for review or advisory services 90% of claims are accepted with little or no change
2023.10.01