A Summary of Digital Tax Credits in Canada
Many provinces are jumping on board with new digital media tax incentives! Claiming for digital tax credits in conjunction with federal SRED will allow you to maximize your tax credits. As often is the case, the provinces all allow for digital tax credits to be claimed in conjunction with federal SR&ED, as long as the same […]
Ontario Interactive Digital Media Tax Credit
OIDMTC is a refundable digital media tax credit that can be filed in addition to SRED. Managed by the Ontario Media Development Corporation (OMDC), the OIDMTC allows up to 35% of eligible expenditures can be refunded to qualifying digital game corporations that incur a minimum of $1 million of Ontario labour costs over a 3-year […]
5 Reasons why you need SR&ED for your Food Manufacturing Enterprise: A first person account
by: Arnold Strub, MBA. Entrepreneur-in-Residence, DeGroote School of Business, McMaster University. Strub’s Pickles had already been a successful small business for 75 years when we were first contacted by an SR&ED consultant. We had the usual skepticism about the program; SR&ED is limited to lab work (of which we had little), tracking projects would be […]
3 Tools to manage FX risk and enterprise profits.
Many of our clients have exposure to foreign currencies within their yearly business cycle, but do not utilize the array of foreign exchange tools that are available to manage the risk of fluctuating currency values and the profits associated with those risks. Net Exporters hope for a weak Canadian Dollar in order to maximize revenues […]
Seven Keys To Management Success
To be an effective manager, certain “ingredients” must be present to enhance your Emotional Intelligence and to create key skills that will eventually lead to improvements in both employee and customer development. This will ultimately lead to your organizational success. First, you must know the difference between management and leadership. Leadership involves setting the example, vision, […]