How can you calculate your SR&ED claim?
Have you ever wondered how much you would be eligible to claim for the SR&ED program? You may think that you wouldn’t get enough back to justify making the claim in the first place – after all, claiming on your own could take a lot of time just to put the claim together. But you […]
SR&ED for Public Companies
Usually when we talk about claiming for SR&ED, we talk about how it affects CCPCs. For this reason, I wanted to touch specifically on public companies today. In the future, I will also be dedicating posts specifically to partnerships, foreign-owned and other types of companies eligible for SRED. While being a public company may not […]
Complimentary Breakfast Seminar
SR&ED in Canada: Helping you capitalize on YOUR innovation On Thursday, May 14th, we will be holding a complimentary breakfast seminar in Mississauga, Ontario. We will be covering the importance of claiming for SR&ED and how it can benefit your company. We would love to see you there! Seating is limited, so Register now! For […]
Xerox Corp’s Continued R&D Efforts
There was an interesting article posted on the Canadian Business website yesterday about the Xerox corporation, and their continued dedication to R&D efforts despite the fact that they’ve had to make cutbacks everywhere else: The company is freezing salaries and suspending contributions to retirement plans as part of about US$550 million in cost savings. But […]
Ontario Provincial 2009 Budget
The proposed 2009 Ontario provincial budget, released March 26th, 2009, puts forward new tax measures intended to build on the government’s “5 point” economic plan. Understandably there is much controversy about the spending plans, and many Ontarians are expressing concern over the Sales Tax Harmonization, and how it will affect the individual. On a positive […]
SR&ED – Essential To Canadian Manufacturers
The current economic recession has proven to hit even harder than many economists anticipated. An estimated 129,000 Canadians lost their jobs in January alone, of which Statistics Canada reports that Ontario workers lost a staggering 71,000. Alberta, once a thriving, profitable province, is even feeling the blow, having recently announced another 15,000 jobs lost. Forecasters […]
Free SR&ED Seminar – Friday, March 6, 2009
On Friday, March 6th 2009, Northbridge Consultants will be holding another free breakfast seminar, to provide a useful information sessoin on the SR&ED program. The seminar will be held at the Waterloo Inn Conference Hotel. Details can be found at https://www.northbridgeconsultants.com/sr&ed-news-events.php For more information, email info@northbridgeconsultants.com or call us at (519) 623-2486.
CRA Reviews: Ensuring Claim Approval
In 2008, quite a number of changes took place regarding the SR&ED program. For one, the CRA hired a slew of auditors for SR&ED, increasing the likelihood that a technical and financial reviews will take place, no matter how solid the claim. For some businesses, especially first time claimants, this has proved to be daunting […]
FREE SR&ED Breakfast Seminar
Hello Readers, On Thursday, January 29th, 2009 Northbridge Consultants will be holding our very first free breakfast seminar, to provide a meaningful information session on the SR&ED program. There will be a free, fully catered breakfast buffet, and the seminar is of no cost to attend. The primary focus will be to provide a complete, thorough […]
Revised T661 Form Simplies SR&ED Claims For Small Businesses
It will now be easier for small businesses to file for SR&ED! In 2007, the Canada Revenue Agency (CRA) consulted with Scientific Research and Experimental Development (SR&ED) claimants, members of the Action Task Force on Small Business Issues, and internal stakeholders. Based on these consultaitons, a new T661 form was devised in order to streamline the […]