How to Claim SR&ED Tax Credit - SAU Consulting

How to Claim SR&ED Tax Credit -SAU Consulting

For over the years, companies or business all throughout Canada have benefited from claiming SR&ED tax credits.

SRED Tax Credit Benefits This program affords you flexibility in how you claim your taxes.

You will receive and use the SR&ED investment tax credit (ITC) to reduce the tax payable on your salary.

Eligibility for SR&ED Tax SR&ED tax credit may be given to trusts, public and private companies, partnerships, and individuals.

For eligibility, your project must meet these three criteria: 1. Technical Content 2. Technological Uncertainty 3. Technological Advancement

What You Can Claim From SR&ED Tax Credit Following things can be claimed under this program: 1. Salary and Wages 2. Third-party payments 3. Overhead Expenses 4. Contract Costs

About SAU Consulting We are providing the right direction for you, including well organized Tax consultants specialist in Canada, in order to help your business thrive.

We can offer you help in getting organized, plan for profit, and make financial management decisions.

www.sauconsulting.ca info@sauconsulting.ca Phone: (587) 284 3266