The Canadian government offers Research and Development Tax credits to incentivize private companies to increasingly undertake R&D. These R&D tax credits are awarded via the SR&ED program and this Canadian program offers some of the biggest tax
The CRA only takes 120 calendar days to process refundable SR&ED claims from the day they are submitted and they meet this SLA most of the time. Although we can’t do anything about how long it takes the CRA to process SR&ED claims, there are many
What is SR&ED? Scientific Research & Experimental Development (SR&ED) is a Canadian government tax credit program aimed at encouraging businesses of all sizes to conduct research and development (R&D) to develop new — or improve existing —