Author Archives: admin

Instilling a SR&ED Mindset in Your Company

According to Pierre J. Pinet of NorthBridge Consultants, in order to obtain the maximum benefit from the SRED program, companies need to maintain constant awareness of ongoing development activities.  He suggests that companies take the following proactive steps: Review the … Continue reading

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SR&ED and Its Impact on Small Firms

John Lester, a research fellow with the School of Public Policy at the University of Calgary, argues that the SR&ED benefit for small businesses is far too generous. Lester points out that many small firms can receive up to a … Continue reading

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CRA Taking Steps to Improve SR&ED Administration and Predictability

In response to Economic Action Plan 2012, the CRA has announced the following steps to improve the predictability of the outcome of SR&ED claims: Conduct a pilot project on a formal pre-approval process (FPAP) in spring of 2013; Enhance the … Continue reading

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Liberals Believe Conservative Cuts to SR&ED Jeopardize Canadian Competitiveness

Ted Hsu, Liberal Critic responsible for Science and Technology, challenges the rationale behind recent changes to the SR&ED program.  Hsu opines that the elimination of capital expenditure eligibility, combined with the reduction of the overall SR&ED tax credit from 20% … Continue reading

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CRA Introduces SR&ED Eligibility Self-Assessment Tool

The CRA has introduced a SR&ED eligibility self-assessment tool (ESAT), which allows companies to determine the probability of their research and development work meeting the SR&ED requirements. Although the CRA wishes to keep the ESAT questions as broad as possible, upcoming … Continue reading

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