If your fiscal year end is December, June is the deadline to claim any SR&ED eligible expenditures incurred in 2012, which less than 2 months away. A crucial part of a successful claim is maintaining contemporaneous documentation of your activities and ensuring you have it ready to go. This is something many companies ignore altogether and it ends up hurting them.
Contemporaneous what? It’s okay, we’re here to explain.
Calling all current and future SR&ED claimants! The CRA is looking for your input on its SR&ED policies and documentation procedures.
Last November we invested in Bex.io, BluePerch and RouteZilla at our inaugural Startup Showdown in Vancouver. We’ll be back in Vancouver this June to host Startup Showdown 2.0 to see some more awesome startups.
The winners of Startup Showdown 2.0 will each receive a $25,000 investment plus 3-months of office space and mentorship in Silicon Valley. DEADLINE EXTENDED: Friday, May 23rd at 11:59pm: http://canada.plugandplaytechcenter.com/program/apply
There is no need to wait any longer.
This morning the CRA published their updated SR&ED Service Standards from April 1, 2013 to March 31, 2014.