“After working with other SR&ED consultants, I found the team of Dmitry and John to be much easier and more pleasant to work with. We have recently been using SRED Unlimited exclusively, and right from the outset, we noticed they excelled at applying themselves and managed to assist us better than the others. John is always available to offer advice and he usually seems available to lend a guiding hand and keep us on track. Trying to run a business and file an SR&ED claim on your own is not always easy. However, it’s less overwhelming when you have the right consultants to guide you through the process. Their technical writing skills are professional, accurate and lend a smooth, professional feel to the project description. I would not hesitate in recommending SRED Unlimited’s services to anyone.”
SR&ED Tax Credit for Manufacturing Companies in Canada
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:
- Plastics & rubber
- Tool and die processes
- Printing & packaging materials
- Transportation equipment
- Electronics components
Where’s smoke there’s … SR&ED?
If your company projects included:
- Integrating component parts not originally designed to fit or work together,
- Blending materials in non-standard ways, or developing new materials to address a problem standard materials couldn’t solve
- Developing new finishing procedures or protocols of manufactured products
- Reformulating or adjusting products or equipment to achieve a certain objective
- Improving a process (i.e.: safety, product consistency, from manual to automated)
…you could receive up to 35% of your eligible expenses back as cash in your pocket.
Why you need SRED Unlimited
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.