Monthly Archives: October 2012

The Impact of Proposed Changes to the SR&ED Tax Credit

Posted on October 31, 2012 by admin

Canadian Manufacturers & Exporters (CME) has recently released a study on the impact of the proposed changes to the SR&ED program to the international competitiveness of the Canadian tax system.  According to the study, the cost of investing in research and … Continue reading →

Posted in Changes to SR&ED | Leave a comment

Canadian Institute of Chartered Accountants submits SR&ED Contingency Report to CRA

Posted on October 29, 2012 by admin

Canada’s Institute of Chartered Accounts (CICA) has submitted a report summarizing their views on the impact of contingency fees on the Scientific Research and Experimental Development (SR&ED) program.  CICA has found that contingency-based fee arrangements are a vital component of … Continue reading →

Posted in Uncategorized | Leave a comment

Increase Your Cashflow by Filing SR&ED On Time – SR&ED Service Standards

Posted on October 22, 2012 by admin

The latest Canada Revenue Agency service standards for April 2012 to September 2012, as reported in CRA’s Annual Report to Parliament, show that the average SR&ED claim takes 109 days to process. It should be noted that it is advantageous to … Continue reading →

Posted in Uncategorized | Tagged , | Leave a comment

CATA’s Position on SR&ED Contingency Fees

Posted on October 15, 2012 by admin

Russ Roberts, CATA’s Senior Vice President for Tax, Finance and Advocacy recently submitted CATA’s position on contingency fees in regards to the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program.   In his letter, Roberts stated that the Canadian … Continue reading →

Posted in Changes to SR&ED | Leave a comment

Canadian Manufacturers & Exporters (CME) Petitions the Federal Government on SR&ED

Posted on October 9, 2012 by admin

Canadian Manufacturers & Exporters (CME) has created an online petition to voice their opposition to the recent changes to the SR&ED program.  CME’s recommendations to the federal government are as follows: Large companies should be provided with a partially refundable … Continue reading →

Posted in Changes to SR&ED | Tagged , | 1 Comment