Category Archives: SR&ED News

Upcoming CRA SR&ED Webinars

Canada Revenue Agency will be hosting 2 pilot webinars on the SR&ED program.  These free public online interactive webinars will provide a general overview of the Program, explaining the eligibility criteria, what expenditures qualify, and how to file a Scientific … Continue reading

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British Columbia Extends SR&ED Tax Credit

Finance Minister Mike de Jong announced that British Columbia will extend the Scientific Research and Experimental Development (SR&ED) provincial tax credit for an additional three years until September 2017.  According to provincial Finance Ministry figures, the tax credit was worth … Continue reading

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Alleged CRA Fraud Scheme Results in 142 Charges

The RCMP has completed a 6-year investigation into an alleged fraud scheme at the CRA by laying 142 charges against 8 former CRA officials and 7 businessmen.  Launched in 2008, the investigation looked into allegations that senior CRA auditors received … Continue reading

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2014 Federal Budget Continues to Support Canadian R&D

While there was very little mention of the SR&ED program in the latest 2014 federal budget, the federal government announced that it will be investing $1.5 billion over the next 10 years through the Canada First Research Excellence Fund, to … Continue reading

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First-Time Claimant Advisory Service

Select first-time SR&ED claimants will receive a free in-person First-Time Claimant Advisory Service (FTCAS) that provides an opportunity to meet with local CRA SR&ED staff at the claimant’s place of business.  During these visits, CRA staff will provide claimants with … Continue reading

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