scientific research and experimental development program canada Archives

How Vancouver-Based Companies Unlock Capital Using Their SR&ED Tax Credits

03-06-24

How Vancouver-Based Companies Unlock Capital Using SR&ED Tax Credits

Canadian companies engaged in research and development (R&D) activities can easily tap into government incentives, including the Scientific Research and Experimental Development (SR&ED) program, with the help of a trusted investment tax credit (ITC) financer. As a leading SR&ED financing partner, Venbridge is here to assist Vancouver-based businesses in maximizing their returns and accelerating growth. Continue … Read more

How Toronto-Based Companies Maximize Their SR&ED Tax Credits

03-06-24

How Toronto-Based Companies Can Maximize Their SR&ED Credits

Venbridge’s flexible SR&ED financing solutions put you in control of your funding timeline. As you spend on SR&ED-eligible expenditures throughout the year, you accrue an expenditure pool that you can submit as part of a tax credit claim with your annual taxes. If you have a legitimate claim to refundable SR&ED tax credits, you’ll receive … Read more

Navigating SR&ED Tax Credits: Best Practices and Overlooked Details

06-05-2406-05-24

Businesses engaged in research and development (R&D) activities should prepare for filing their Scientific Research and Experimental Development (SRED) claims well before their year-end. Understanding best practices and addressing commonly overlooked details is key to making the most of SR&ED tax credits in Canada. Below, we will cover some best practices and overlooked factors associated with … Read more

SR&ED Explained: What Does this Tax Incentive Mean for Businesses?

17-04-24

The Scientific Research and Experimental Development (SR&ED) tax credit is a program the Canadian government offers that encourages businesses to conduct scientific and technological research. With the help of SR&ED, your business can reap the benefits of researching or developing new products in Canada. However, programs like SR&ED can often be complex, confusing, and challenging. … Read more

Working with a SR&ED Consultant vs. Self-Preparing Claims

04-04-24

The Canadian government’s Scientific Research and Experimental Development (SR&ED) program offers tax incentives to corporations engaged in research and development (R&D) activities, intending to fuel the growth of innovative enterprises nationwide. However, navigating the intricacies of the SR&ED program can be a tough challenge. While some businesses opt for the self-prepared approach to filing their … Read more

Mastering SR&ED: Key Considerations

26-03-24

The Scientific Research and Experimental Development (SR&ED) program serves as the government’s largest source of financial incentives specifically designed to support business-led research and development projects. Knowing what to be aware of when filing and, by extension, having a rough idea of how to calculate your refund is essential to optimizing your capital stack and … Read more

How an SR&ED Consultant Can Help You Avoid a CRA Review

26-03-24

How an SR&ED Consultant Can Help You Avoid a Review

Canada’s Scientific Research and Experimental Development (SR&ED) program offers valuable tax incentives to businesses engaged in research and development (R&D) activities. As the federal government’s largest incentive for R&D and innovation, SR&ED can be a beneficial program for your funding. In order to receive the best return, knowing how to file accurately is crucial. The … Read more

Understand the SR&ED Eligibility Criteria with Venbridge

10-01-2405-12-23

The Scientific Research and Experimental Development (SR&ED) program is a tax incentive program used to encourage Canadian businesses of all sizes across numerous industries to conduct research and development (R&D) work in Canada. Regardless if you have a start-up, small business, or large enterprise, your company can take advantage of the SR&ED program as long … Read more

Enhancing SR&ED Claims: Eligibility Factors for Canadian Businesses

24-10-2310-10-23

Reading time: 5 minutes If your company has previously filed for SR&ED, you’ve no doubt spent some time wondering how you can enhance your subsequent claims to expand your refund. As the Government of Canada’s largest R&D and scientific experimentation-based tax incentive, the Scientific Research and Experimental Development (SR&ED) program is a valuable source of … Read more

Understanding Business Tax Credit Financing

23-10-2303-10-23

Reading time: 4 minutes To ensure Canada is a global player in the market, the federal and provincial governments offer several tax credits to eligible businesses. These tax credits support companies so they can conduct groundbreaking research, yield higher earnings, increase their share in the market, and enhance productivity. Business tax credit financing is a … Read more