SR&ED Capital Expenditures Are Back: What that Means for your Claim
For over a decade, capital expenditures were excluded from the SR&ED program, limiting claims largely to labour, materials and Canadian subcontract costs. With the enactment of Bill C-15, the Budget 2025 Implementation Act, No. 1, that position has now reversed. Capital costs have officially been reintroduced, allowing companies to once again claim certain equipment and […]