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

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

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

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

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

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

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CATA’s Position on SR&ED Contingency Fees

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

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

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

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