As of June 25, 2015, the Canada Revenue Agency (CRA) has released a revised version of their Financial Claim Review Manual (CRM) – Review Procedures for Financial Reviewers for the SR&ED Program. The CRM currently address the following topics:
The CRA will be hosting a french Scientific Research and Experimental Development (SR&ED) Program webinar on June 17, 2015 at 1:00 p.m. EDT.
This free online webinar will provide a general overview of the program, explaining the eligibility criteria, what expenditures qualify, and how to file an SR&ED claim. This will be an internet-based interactive presentation and will be an excellent opportunity to learn about the SR&ED Program.
Register now (French webinar)
On Tuesday, June 16, 2015, from 1:00 p.m. to 2:30 p.m., NorthBridge Consultants and Excellence in Manufacturing Consortium (EMC) is hosting a free seminar in Mississauga, Ontario, to help companies in the agri-food sector better understand government funding programs and Scientific Research and Experimental Development (SR&ED) tax credits, and especially how multiple government funding programs can be leveraged to execute business strategies. Further details are available from the NorthBridge website.
Canada Revenue Agency is offering internet-based interactive presentations similar to the SR&ED in-person information seminars. These webinars are free, and are a good opportunity to learn about the SR&ED program.
Upcoming English webinar dates are as follows:
BC digital media companies can take advantage of SR&ED and the British Columbia Interactive Digital Media Tax Credit (BCIDMTC) together. If a company has offices in both Ontario and BC, it is possible to apply for SR&ED, OIDMTC, and BCIDMTC, as long as eligible projects are taking place in each province.
Administered by Canada Revenue Agency (CRA), the Scientific Research and Experimental Development (SR&ED or SRED) Program is a $3.5 billion business incentive program to encourage research and development in Canada.
This blog will serve to keep all Canadian small- and medium-sized enterprises (SMEs), small business owners and managers, and SR&ED practitioners up to date on the latest SRED news.
