A new outlook on your activities

Contrary to popular belief, SR&ED tax credits apply not only to technological activities but to traditional sectors like printing, tooling, textiles and the agri-food industry as well.

However, a poor knowledge of the programs’ eligibility criteria and the sheer complexity of administrative procedures keeps many companies from applying for tax credits. In fact, the amount of unclaimed money that remains in government coffers because companies either don’t apply for it or file incomplete applications is staggering. Don’t leave money that belongs to you and to which you are entitled lie dormant.

Is your company involved in research and development activities? We have a few simple tools that will help you answer this question.

First, consult the list of tax credit official eligibility criteria and the inventory of eligible and ineligible expenses.

Then, answer the following questions to summarily assess if your activities are eligible for tax credits:

• Has my company developed novel production methods?
• Have we modified a manufacturing process?
• Have we improved a product?
• Have we created a new product?
• Have we improved production processes?
• Have we experienced problems or failures with the production process?
• Have we optimized production processes to reduce manufacturing costs?

If you answered yes to one or more of these questions, contact us. We can help you.