What Technical & Technological Uncertainty Mean in SR&ED

Many highly hopeful researchers, developers, innovators and engineers confuse these two terms … technical uncertainty and technological uncertainty. We already tackled the confusion around technological uncertainty and system level uncertainty involved in the SR&ED process in our article Technological vs System Uncertainty in SR&ED Claims. SR&ED is About the Journey not the Destination One of…

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Technological vs System Uncertainty in SR&ED Claims

On March 31, 2015, Judge D’Auray from the Tax Court of Canada in Montreal rendered a ruling that set a precedent for what constitutes “uncertainty” under the CRA’s SR&ED tax credit guidelines. Her ruling also highlighted the role different levels of uncertainty can have on an assessor’s review of a case. Prior to Judge D’Auray’s…

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Enhanced Incentives for Businesses Conducting SR&ED in Ontario

The Ontario government’s 2018 budget included increased provincial funding through the Scientific Research & Experimental Development (SR&ED) tax incentive program. This increased funding is aimed at helping businesses engaged in scientific research and experimental development in Ontario drastically reduce costs associated with research and development, and consequently grow their business. Ontario’s SR&ED tax incentive program…

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SRED Unlimited On the Road

  SRED Unlimited will be attending the following events.   Hope to see you there!     Event #1: 2018 Joint Ontario-on-a-Chip and TOeP Symposium (Hosted by: University of Toronto) Date: Thurs, May 24 & Fri, May 25 Where: University of Toronto   Event #2: 20th Annual Rotman Lifelong Learning Conference for Managers and Executives…

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Ontario Budget 2018 Makes Practical Tax Changes for Breweries

In the 2018 Ontario Budget released in March, the Ontario Government announced proposed changes to the Small Beer Manufacturers’ Tax Credit. On Monday (Apr 9), Ontario’s Minister of Finance, Charles Sousa, highlighted some of those proposed changes and what they would mean for Ontario’s small breweries in a more practical way. What’s the Big Deal…

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SR&ED Uncertainty and SR&ED Advancement: 2 Key Components

Two key criteria for SR&ED eligibility are the presence of Technological Uncertainties and Technological Advancements. When faced with the former, a company presses on in hope of the latter. But that definition is very relative, short, and not terribly comprehensive, so let’s explore more exact definitions of the meaning of Technological Uncertainties and Technological Advancements.…

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CATA Reaffirms Support For Impartially Administered Innovation Incentives

To ring in the new year, the key Canadian industry association CATAAlliance (Canadian Advanced Technology Alliance, or CATA) reaffirmed its support for Canadian innovation by calling on the Federal government to bolster existing tax-based innovation incentive programs. Their release constitutes an update of policy positions. They argue that it is more important to fix systems…

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Visit SRED Unlimited at the AMC Exhibition (Nov 2-3, 2016, Toronto)

Visit us at Advanced Manufacturing Canada Conference & Exhibition – Look for Booth #200 (November 2-3, 2016, Toronto Congress Centre, Toronto, Ontario) Advanced Manufacturing Canada (AMC) offers the Canadian manufacturing community a two-day conference and exhibition focused on fostering a national dialogue about how manufacturers can leverage Advanced Manufacturing to stimulate innovation, increase productivity, and…

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How Doctors Benefit From SR&ED Tax Credits

There are many doctors and medical companies, including clients of SR&ED Unlimited, that have successfully made Scientific Research and Experimental Development (SR&ED) claims and received credits or refunds as part of this tax incentive program. Though the CRA always seems to be tightening up (or making more confusing) the criteria for what SR&ED claims they…

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Getting Back On Track With SR&ED

Now more than ever the CRA is cracking down on SR&ED claims. Even if you haven’t done anything wrong, they’re making it more difficult to claim SR&ED refunds and credits. To SR&ED applicants, the rules seem convoluted, vague, a cloud of grey zone uncertainty. Being one of those companies whose claim has been reduced or completely disqualified is pretty frustrating, and…

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