The SR&ED program is the single largest source of government funding for companies developing new technologies in Canada. Available throughout any industry or sector where technological advancements are being produced, fully refundable tax credits of up to 64% can be received! If you’re innovating, you need to be considering the SR&ED program.
With decades of combined SR&ED experience, hundreds of claims approved, and millions of dollars returned to clients, there isn’t a situation that our SR&ED experts haven’t come across.
Did you know that salary costs have the largest impact on an SR&ED claim size? By using sredsimple, you can rest assured that none of the time you spend on SR&ED projects goes unclaimed. Additionally, our experts are available to advise you about the best costing strategies to maximize the size of your SR&ED claim.
One of the most important aspects of an SR&ED claim is the documentation you have to back up the work you’ve performed. CRA can demand contemporaneous documentation to validate the activities that you have claimed. By using sredsimple, project notes are generated contemporaneously, and can be used to generate project summary reports. No more “SR&ED crunch time” at the end of the year spending valuable time gathering documents from across your team!
sredsimple’s powerful integration features allows you to connect project tracking software that you already have in place. No need for double-documenting your projects, while still having a designated SR&ED space for your projects.
Time is the most valuable resource for your company, and it becomes even more valuable at year end. Avoid the stress and frustration of trying to gather project documentation and resources at the end of the year. sredsimple has all the information categorized by project in a convenient form to prepare your SR&ED claim
Sooner or later, your SR&ED claim will be subject to a detailed review by CRA. These reviews can be daunting, and if you’re not prepared, can slash the size of your SR&ED claim. By using sredsimple, you can access our experts for advice, guidance, and approaches to get through a SR&ED review as smoothly as possible, while preserving all of your original SR&ED claim size.
