SR&ED Strategy

In the context of SR&ED (Scientific Research and Experimental Development tax incentive) claims, technological uncertainty plays a crucial role. Understanding these different levels can help companies not only identify and articulate their SR&ED eligible activities but also maximize the benefits they receive. SR&ED programs offer significant financial incentives for businesses engaged in innovative projects, and […]

In our previous discussion, we emphasized the role of both explicit and implicit hypotheses in qualifying for SR&ED claims. While having a hypothesis is essential to meet CRA’s systematic investigation requirement, it’s far from sufficient if your goal is true business success. A well-structured and high-quality hypothesis does more than qualify for SR&ED—it can significantly

Welcome to this edition of our LinkedIn newsletter, where we dive into the intricate yet crucial concepts of defining the problem and identifying technological uncertainty in the realm of Research and Development (R&D). Understanding these distinctions is not only vital for effective project planning and execution but also for maximizing your SR&ED (Scientific Research and

The Scientific Research and Experimental Development (SR&ED) program is a cornerstone of support for Canadian innovators, yet its mandate to demonstrate technological uncertainty is often viewed as burdensome. Is this requirement essential for fostering genuine innovation, or does it unnecessarily complicate the claims process? Understanding Technological Uncertainty Technological uncertainty arises when solutions to technical challenges

Fast-acting gummies are a hot topic in the cannabis industry. But are there uncertainties in developing this technology? Do these uncertainties qualify for SR&ED? This post explores these questions, examining the technical and non-technical uncertainties to help you understand SR&ED eligibility. Non-Technical Uncertainty: Not Relevant to SR&ED Technical Uncertainty: Relevant to SR&ED Developing cannabis-infused fast-acting

Have you recently celebrated earning SR&ED credits for your R&D efforts? Congratulations! This significant accomplishment is a testament to your innovation and hard work. However, it’s crucial to understand that past success doesn’t automatically translate to ongoing eligibility. This post explores why projects might lose their SR&ED eligibility over time and provides strategies to ensure

Many businesses wonder if an SR&ED project can address the same technological uncertainty over multiple years. The answer is yes, but it’s crucial to demonstrate continuity, progress, and adaptation in your R&D efforts. This post explores common scenarios where a core technological uncertainty might persist across multiple years and guides strengthening your SR&ED claim. Understanding

A common misconception about SR&ED is that rapid success disqualifies a project. This is untrue. The heart of SR&ED lies in addressing technological uncertainty, not the number of attempts to overcome challenges. Even if your project achieved its goals on the first try, it can still qualify for SR&ED credits if you can demonstrate a

Simplicity is a relative term dependent on management, perspective, and expertise. Effective R&D management and creative problem-solving can transform complex projects into manageable, simple components. Effective R&D Management: Breaking Down Complexity Good R&D management involves simplifying projects into manageable chunks, regardless of their complexity. By dividing projects into smaller, simple subprojects, you can advance even

Introduction: Are you leaving money on the table with your SR&ED claims? If you’re not fully grasping the nuances of technological uncertainty, you might be! CRA passes out close to 4 billion dollars as a tax incentive in the name of SR&ED. One major criterion is that you know what you do not know. We