Tag Archives: SR&ED

Contingency Fees Versus Fixed Fees for SR&ED Consultation – Are Contingency Fees Really a Problem?

In the recent 2012 federal budget, it was announced that there would be a study of contingency fees charged by tax preparers, specifically those in the SR&ED space.  Small- and medium-sized businesses (SMEs) often compensate consultants who work on their SR&ED … Continue reading

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Federal Party Positions on the SR&ED Program

From Sreducation, to follow is a summary of the party positions on SR&ED from each of the 3 federal parties. Liberal Party According to Ted Hsu (Liberal Critic for Science and Technology), there are too many illegitimate SR&ED claims.  He believes that … Continue reading

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Professional SR&ED Practitioners Association

One of the issues with the Scientific Research and Experimental Development (SR&ED) program is the fact that there is no existing regulation within the SR&ED consultation field. As reported in the Globe and Mail, this has allowed “consulting firms” to … Continue reading

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SR&ED Versus NRC-IRAP

The 2011 Jenkins Report suggested that federal funding be rebalanced to support more direct forms of funding (like the National Research Council’s Industrial Research Assistance Program, or NRC-IRAP), rather than indirect forms of funding (like the Scientific Research and Experimental … Continue reading

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SR&ED Still Complex Program That Requires Engineering Consultation

The recent 2012 federal budget has eliminated the capital portion of expenditures, and reduced contract payment eligibility from the SR&ED program. Brian Leve of Grant Thornton LLP suggests that the introduction of phased-in rate changes increases the complexity of calculations … Continue reading

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