The Scientific Research & Experimental Development (SR&ED) tax credit is Canada’s most popular R&D funding program. In 2013, this program provided over $3.4B to over 22,000 companies. We’ve attempted to simplify this sometimes-complicated tax credit for you in the infographic below (and updated the content on October 14, 2014).

Continue reading “Infographic: Everything You Need to Know About SR&ED Tax Credits”

SRED program changes

With the June claim deadline quickly approaching for claiming 2012 SR&ED expenditures* we thought we’d give you a reminder of the SR&ED program changes affecting your work today. Here’s a brief overview of the program changes that were implemented Jan 1, 2014 you’ll need to keep in mind as you work through your R&D projects for the remainder of the year: Continue reading “Working on Your R&D? Review the 2014 SR&ED Program Changes”

innovationfundingmay13

Boast Capital held an Innovation Funding Lunch & Learn with support from Calgary Economic Development on May 13, 2014. Continue reading “Innovation Funding Overview: SR&ED, TECTERRA, IRAP & Mitacs”

5 Ways to Improve Contemporaneous Documentation

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.

Continue reading “5 Ways to Improve Contemporaneous Documentation for SR&ED”

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