SR&ED or Scientific Research and Experimental Development (SR&ED) tax incentives are intended to encourage businesses to conduct research and development in Canada. As a Canadian tax & consulting Easy Tax Canada helps you optimize your SR&ED claims. From planning and preparation to audit defense and coaching, our team of experts is committed to providing the best service in the industry.  Several government programs in Canada support research and development (R&D) and innovation, among which SR&ED is the most important. This tax credit covers a vast array of activities. Maybe you are doing SR&ED without even knowing it?

Corporations, individuals, trusts, and partnerships that conduct eligible work may be able to claim SR&ED tax incentives for the year.

There are 2 tax incentives:

• Claim a deduction against income
• Earn an investment tax credit (ITC)

To benefit from the incentives, you must link your eligible work to expenditures you can claim.

Easy Tax Canada will help you determine:

• What are SR&ED tax incentives?
• What work is eligible?
• Provincial and territorial R&D tax credits.
• Projects that fulfill the requirements of SR&ED tax credit program.
• Carry out technical interviews.
• Draw technological descriptions.
• Document information concerning your research and development expenses and investments.
• Prepare the applicable fiscal annexes.
• Educate your employees and assist you in case of audit or inspection.