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.
New NRC-IRAP Program: BIAP
The new Business Innovation Access Program (BIAP) has been announced by the National Research Council – Industrial Research Assistance Program (NRC- IRAP), and is a fantastic opportunity for Canadian SMEs to accelerate their business.
What have you heard about the Scientific Research & Experimental Development (or SR&ED) program? Have you confirmed that it is accurate and true?
We wanted to clarify 8 myths that we’ve heard and reveal the truth about Canada’s R&D tax credit program for those of you who have yet to claim.
Businesses across Canada are eligible for free cloud-computing resources through a national program that aims to make Canada more technically competitive.
Photo credit: Mitacs
Mitacs is a national non-profit organization focused on developing Canada’s next generation of innovators and researchers. Basically, they bring industry and academia together to provide additional training and expertise for post-secondary students and to help industry partners innovate.