Canada Revenue Agency (CRA) has released a series of new educational videos about the SR&ED program. The videos cover topics including: who can claim SR&ED tax incentives, what work qualifies for SR&ED, how to calculate SR&ED expenditures and investment tax credits, and the SR&ED application process.
The Canadian Scientific Research and Experimental Development (SR&ED) tax incentive program provides both refundable and non-refudnable tax credits to corporations, partnerships or individuals who conduct scientific research or experimental development in Canada. Please view NorthBridge’s supplementary video to find out more about the SR&ED program.