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 SR&ED program with affected employees at the beginning of the fiscal year in order to reiterate its importance to the company’s well-being
  • Make SR&ED success a key performance measure for the business; challenge key employees to work throughout the year on the claim
  • Establish convenient repositories for pertinent documentation
  • Review new or ongoing projects every month to identify SR&ED eligibility.
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