CLAIM SR&ED TAX INCENTIVES EXPLAINED
Did you know that the Canadian government offers many beneficial programs to organizations or individuals who conduct research and development activities in Canada? The purpose of these programs is to encourage people and businesses to innovate and create new products that benefit society. The SR&ED tax credit is one business assistance program administered by federal and provincial governments to encourage and support organizations to undertake research and development (R&D) activities that they may not be willing or able to attempt otherwise. To help make your life easier, Sabeeh Naseer, a leading chartered professional accountant, wants to help you learn more about how you can claim SR&ED tax incentives to help your business grow. SR&ED refers to the Canadian government’s “Scientific Research and Experimental Development” program. This program rewards individuals and businesses of all sizes for conducting research and development activities in Canada. Many co...