Focus on your business

We help you to get refunds on your development expenditures

 

Aggregate Consulting prepares claims for SR&ED tax credits

The Scientific Research and Experimental Development (SR&ED) Program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada. It is the largest single source of federal government support for Technology R&D.

The SR&ED Program gives claimants cash refunds and / or tax credits for  expenditures on eligible R&D work done in Canada.

Essential SR&ED Do's and Don'ts

Can the business apply for SR&ED tax credits?

  • Does the business develop products and services?
  • Does the business develop software?
  • Does the business employ development engineers and computer scientists?

These are  indicators that the company may be eligible for the SR&ED program.

 

Our Process

 

Aggregate Consulting assists with the entire SR&ED process. We investigate  which activities within the  development program  qualify for R&D tax credits, write the technical project description documents, prepare the detailed R&D cost schedules and complete the SR&ED tax schedules required in the corporate tax return.

Determine Eligibility

Perform a technical assessment of Research and Development activities in order to determine which projects will qualify for the SR&ED program.

Assess each of the  projects to determine the costs that qualify as SR&ED expenditures.

Writing and Filing the Claim

Write the technical project description that will be used with form T661 on the corporate year-end tax return in support of the SR&ED tax incentive claim.

Prepare the detailed tax schedules required to claim for SR&ED tax credits.

Audit Support

Assist  in defending the SR&ED claim if CRA requires more information and/or undertakes an audit of the project claims.

Establish Procedures

Help set up the process and procedures to assist in ongoing SR&ED tax credit recovery services.

Expertise

Jeff Adams - SR&ED Tax Credit Specialist

 

Jeff successfully combines a strong software engineering and product design background with extensive expertise in accounting, taxation and R&D tax credits to strategically manage the SR&ED claim preparation process in many  small to mid-size technology companies.

 

 

Contact

jadams@aggregateconsulting.ca

613 852 5110