SR&ED Strategy

  In our previous post, we emphasized the critical role of high-quality hypotheses in R&D and provided guidance on generating effective hypotheses. However, we also acknowledged that many industries still rely on non-systematic methods for hypothesis generation, leading to unpredictable and unrepeatable results. While this may not directly impact SR&ED eligibility if systematic methods are […]

In SR&ED, a high-quality hypothesis is crucial for a successful claim. It anchors your research, demonstrates a systematic approach, and drives meaningful innovation. This newsletter outlines the key elements and best practices for crafting a hypothesis that meets CRA standards. Elements of a High-Quality Hypothesis Best Practices for Crafting a High-Quality Hypothesis Conclusion Building a

A hypothesis that qualifies for SR&ED is good, but a hypothesis that drives real business success is transformative. 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

In the last newsletter, We debunked the myths surrounding the “systematic” requirement for SR&ED claims, emphasizing that what counts as systematic is more flexible than most businesses realize. Building on that foundation, let’s delve deeper into a key component of systematic investigation: hypotheses. Formulating hypotheses can be daunting, but understanding the nuances of explicit and

Are you leaving money on the table because you think your R&D processes aren’t “systematic” enough for SR&ED claims? You’re not alone! Many businesses shy away from claiming SR&ED credits, fearing their methods don’t meet the CRA’s strict criteria. But what if you could earn more credits without drastically changing your approach? The Truth About

In the pursuit of innovation, R&D teams often become engrossed in the technical complexities of their projects. While securing SR&ED credits is valuable, it’s crucial to step back and consider the broader implications of technological uncertainty. By focusing on the bigger picture, organizations can unlock new opportunities, mitigate risks, and drive long-term growth. Why Identifying

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 complexity. By dividing projects into smaller, simple subprojects, you can advance even the

You earn money by knowing what you do not know. The Canada Revenue Agency (CRA) distributes close to 4 billion dollars annually in SR&ED tax incentives. One major criterion is understanding what you do not know. We are here to help you grasp this concept better to maximize your tax benefits. Welcome to the new

You Can’t Earn Beyond Your Understanding. Have you ever wrestled with a technical hurdle in your product development or struggled to find a more efficient production process? Did your team rise to the challenge, experimenting and developing innovative solutions? If so, you might be sitting on a pile of hidden cash – and you wouldn’t

A big reward with a humble start. CRA passes out more than $3 billion to companies carrying out R&D projects, benefiting over 20,000 claimants annually. All claimants have a humble start: Get to know what they do not know in the R&D process. Understanding technological uncertainty is not just a requirement for SR&ED claims. It’s