R&D Tracking
There seems to be an endless amount of paperwork required to keep a successful business operating efficiently and effectively these days. With all of the different regulatory, industry association requirements and internal documents to deal with, adding another heap of tediousness might seem counterproductive. Northbridge clients know that Research & Development document control is one […]
Reader Question: Can NPOs Claim SR&ED?
We have had some people contact us with a question about whether non profit organizations (NPOs) can claim for the SR&ED program. The short answer is, unfortunately no. However – corporate clients or partners can. Why is this? The CRA states that only business and corporate tax-payers (including Canadian-controlled private corporations, public and foreign-owned companies) […]
What Work Qualifies for SR&ED
When deciding whether to gather sr&ed information and make a sr&ed claim many companies often wonder what types of work qualifies for sr&ed tax credits. A sr&ed project is defined by the Canadian Revenue Agency as “a set of interrelated activities that collectively are necessary for the attempt to achieve the specific scientific and/or technological […]