What exactly is SR&ED, and how can I obtain it? The Canadian government funds your tech development or scientific study through the SR&ED programme. In Brief: SR&ED Tax Credits Scientific Research & Experimental Development is a federal government initiative in Canada that encourages businesses, SMEs, startups, partnerships, and individuals to invest in scientific research and development. Systematic investigation or research in the disciplines of science or technology is part of SR&ED activities. As an investment tax credit, the Canadian Revenue Agency (CRA) can reimburse up to 35 percent of a CCPC's cost on coding and technology (ITC). If you are losing money, you can obtain this in cash, or you can get it as a tax credit if you are profitable.
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Scientific Research and Experimental Development (SR&ED) programme is a federal government of Canada initiative aiming at encouraging firms, SMEs, startups, partnerships, and individuals to invest in scientific research and development. The CRA is likely to scrutinize your SR&ED claim and has a high audit rate, therefore SR&ED is a stringent programme. We want you to get your money back as quickly as possible. The easiest way to do this is to make sure you fully comprehend the criteria of the SR&ED programme before you begin. This step-by-step SR&ED claim guide will
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