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Author Archives: admin
Changes to SR&ED T661 Form
The Canada Revenue Agency (CRA) has announced that a revised Form T661, Scientific Research and Experimental Development (SR&ED) claim, will be released on October 2013. The new T661 form will accommodate the legislative changes coming into effect on January 1, … Continue reading
Posted in Changes to SR&ED, Filing for SR&ED, T661
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Ernst & Young Acquires SRED Automation
Ernst & Young has signed a letter of intent to acquire Saskatoon-based SRED Automation. This transaction comes on the heels of 2011 deals with RSM Richter in Toronto and Calgary, and OME Group Consultants in Toronto, Montreal and Calgary. All of these transactions underpin the firm’s growing … Continue reading
Posted in Aquisitions
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Ryan, LLC Acquires SR&ED ONE
Ryan, LLC, a global tax services firm, announced that they have acquired SR&ED ONE, a full-service SR&ED consulting firm. The acquisition of SR&ED ONE represents a significant milestone in the continued development of Ryan’s integrated Canadian tax services. It also adds … Continue reading
SR&ED and IRAP Funding Critical to Success of Start-up Companies
A PwC Canada report found that 50% of Canadian startups took advantage of at least one government source. Among these companies, 35% said that they took advantage of Scientific Research and Experimental Development (SR&ED) tax credits, while 20% received funding … Continue reading
Posted in SR&ED News
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Government Support Needed to Boost Ontario ICT Sector
David Mason, partner at Deloitte Canada and leader of Deloitte’s Ontario private company services tax team, believes that Ontario is not as productive as USA competitors in ICT because of the lack of support for innovation. At the moment, Ontario … Continue reading
Posted in SR&ED News
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