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

SR&ED Explained: What does this tax incentive mean for businesses?

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

Working with a SR&ED consultant VS Self-Preparing Claims

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

Mastering SR&ED

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

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

Understand the SR&ED Eligibility Criteria with Venbridge

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

Enhancing SR&ED Claims: Eligibility Factors for Canadian Businesses

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

Understanding Business Tax Credit Financing

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

Get Started on Your SR&ED Advance Today with Venbridge!

Get Started on Your SR&ED Advance Today with Venbridge!

Reading time: 3 minutes The Canadian Revenue Agency’s Scientific Research and Experimental Development (SR&ED) program was developed to provide Canadian businesses with tax incentives to invest in research and development projects. This program is one of Canada’s largest federally funded programs, and it helps countless companies develop their innovative ideas, products, services and processes. The … Read more

Mistakes That Derail Your SR&ED Application

Mistakes That Derail Your SR&ED Application

Reading time: 4 minutes. Completing your Scientific Research and Experimental Development (SR&ED) tax claim can be complex. However, some of the most common mistakes will prevent companies like yours from receiving your maximum tax credit. While countless resources focus on what type of businesses qualify, how to choose a consultant and core details about CRA reviews, … Read more

Estimating SR&ED Refunds: A Rough Guide to Calculating Your Incentive

estimating sred refunds a rough guide to calculating your incentive

Reading time: 4 minutes Are you looking to increase your capital stack and diversify your funding in 2023? For companies across Canada, knowing how to take advantage of government initiatives like the Scientific Research and Experimental Development (SR&ED) program are essential to maximizing your capital and, in the case of SR&ED applicants, furthering your project objectives. … Read more