Innovation and experimental development are necessary for Canadian manufacturers to remain competitive within an ever-evolving industry. Such work, which many might consider just “part of the job” might actually be eligible for the SR&ED tax credit/refund program.
Manufacturers are “primarily engaged in the physical or chemical transformation of materials or substances into new products,” which encompasses the use or development of:
If your company projects included:
…you could receive up to 35% of your eligible expenses back as cash in your pocket.
SRED Unlimited has worked with tool & die design/manufacturing, metal fabrication and stamping, welding, foundry, injection molding, electronics/hardware, and composite materials companies. We know what questions to ask to filter through the work completed to find SR&ED eligible projects and expenses. We understand that these kind of companies frequently conduct experiments to maintain acceptable quality (not only for customers, but in compliance with standards like GMP and ISO) while keeping costs under control, reducing waste, expanding the product line and developing and testing better ways to manufacture existing products.
SRED Unlimited’s extensive experience helps you distinguish between systematic experimentation and routine testing. Call us and let us help your company maximize its claims for time and materials spent in eligible activities.
SELECTED CLIENTS
We’ve been working with Dmitry and Leslie for 3 years. Their expertise in manufacturing for the Aerospace Industry and ability to navigate both the technical and non-technical aspects of the SR&ED process are best in class. Our SR&ED submissions have become much smoother and alleviated a fair bit of work and anxiety in our business. I would absolutely recommend them to anyone working and doing research in the manufacturing industry.
For the last 3 tax years, we have worked with SRED Unlimited to establish a systematic method to properly identify projects that qualify for SRED claims. The consultations and guidance that we received helped our engineering team tremendously in the documentation process. This allowed us to produce optimized reports to be used to claim SRED credits. The follow-ups we received were a great asset when working with SRED Unlimited as they helped in meeting the submission deadline. We highly recommend their services!
We have relied heavily on SRED Unlimited to help us maximize SR+ED funding opportunities. Dmitry and Leslie have an incredible ability to capture our technical information and expertly translate it into information that fits the SRED criteria.
Dmitry and Leslie know all the SRED criteria inside and out, and have done a fantastic job of educating my technicians about how to present our findings in a SRED-positive way.
SRED Unlimited also understands that our prime focus as a business is to keep our plant running efficiently and this includes ensuring that the information-collecting process for our SR&ED claim takes a minimum amount of time so we can get back to the nuts and bolts of our business.
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We have been working with SRED Unlimited and Dmitry Brusilovsky for the past 7 years. He has guided us through our first claim, our first audit and really helped us understand the process of uncovering all of our SRED type projects. We have pure research projects, research projects with the aim of commercializing new product lines and research projects aimed at improving our process, and each and every project is dealt with in a thoughtful step-wise approach to maximize our refund. Dmitry has shown a unique ability to grasp the underlying core of the research to help keep our narratives on track. It is hard to admit but when we were first contacted by Dmitry to let him help us prepare our SRED claim we were somewhat reluctant. Needless to say we would highly recommend his company to anyone. You have nothing to lose.
