SR & ED TAX INCENTIVE PROGRAM

The Scientific Research and Experimental Development (SR&ED) program is a federal tax incentive program to encourage Canadian businesses to conduct research and development (R&D) in Canada.

Canadian businesses of all sizes and in all sectors can apply for SR&ED investment tax credits for expenditures such as wages, materials, machinery, equipment, some overhead, and SR&ED contracts. Generally, most Canadian businesses can receive a refundable investment tax credit of 20% to 35% of up to $2 million of qualifying SR&ED expenditures. The SR&ED program is the largest single source of federal government support for Canadian industrial research and development.

Further information on the SR&ED program can be found on the Canada Revenue Agency's (CRA) web site at http://www.cra-arc.gc.ca/txcrdt/sred-rsde/menu-eng.html.

Betach handles SR&ED claims from beginning to end; from advising on how to perform R&D in order to qualify and maximize SR&ED eligibility to representing claimants through any post-filing appeals. Our experience and understanding of SR&ED eligibility requirements and CRA's review process enable us to help our customers to:

  • Identify and pre qualify eligible SRED activities.
  • Prepare technical SRED documentation for eligible activities.
  • Review previously or currently submitted SR&ED claims.
  • Participate in CRA technical and financial audits.

Betach's SR&ED management consulting fees are highly competitive. As requested by our customers, Betach also provides various fee structure options that best suite our customers' needs.