Research & Development
Does your business engage in basic or applied research, or experimental development? The answer might surprise you. If you create new or improve existing materials, devices, products or processes then you may qualify for significant tax savings and cash refunds.
Unfortunately, preparing and filing a scientific research and experimental development expenditure claim is complicated and time consuming. Since you want to spend your time running your business instead of composing your claim, we have developed a system to minimize both your time and your effort.
Our services include:
- Determining whether your business meets the general criteria defined by Revenue Canada.
- Determining which projects meet the specific criteria: elements of risk and uncertainty; technological or scientific advancement; utilization of experts in your industry.
- Preparing a technical proposal through discussions with you and your staff.
- Incorporating research and development into your overall tax plan to maximize future claims and minimize overall taxes.
- Negotiating with Revenue Canada on your behalf.
Don't miss out on this opportunity to improve your cash flow.