what qualifies, how
to claim the credits, and what to expect.
program is administered by the Canada Revenue
Agency (CRA) through legislation contained
within the Income Tax Act. We have found
that often the most appreciated aspect of
our services is our ability to provide clear
and concise explanations on how the SR&ED
are three main general activities of SR&ED
that can be claimed in Canada:
Work undertaken without a specific practical
application in mind.
Work undertaken with a specific practical application
Work undertaken to achieve a technological advancement
of some sort that could result in a new or improved
material, product, process or device. The result
does not have to be revolutionary or extremely
radical, as incremental improvements are also
Development accounts for over 95% of all SR&ED
claims submitted by businesses.
determining whether the nature of the work performed
is eligible, all of the following criteria must
be present in any project:
- The work results in an outcome or information that produces
Scientific or Technological Advancement.
- In achieving the advancement one or more
Scientific or Technological Uncertainties
must have been identified and worked on.
- There must be
Scientific or Technological Content or Process
in the R&D work undertaken during the project.
types of technology within various industrial
sectors that is often associated with eligible
SR&ED activities includes, but is not limited
to such areas as:
* Mechanical engineering or mechanical design;
* Materials capability enhancement or
substitution (using unconventional
materials to meet increased mechanical demands
or reduce cost, weight, etc.);
* Electrical and electronics engineering,
and electrical and electronics design; and
* Software engineering and design.