A simple leadership strategy: Innovate- and associate with innovative partners
At First Canadian SRED Consultants Inc. we are proud of the company we keep. Our clients are innovators who are continuously developing and improving their products and processes.
Innovation requires up front investments of labour, time, and expense.
First Canadian work closely with it's partners to guide or foster innovation processes, ensuring their projects align with SR&ED tax credit requirements, for improved certainty.
SR&ED only happens when it's planned. Aligning your R&D with the requirements for SR&ED tax credits protects your investment in innovation.
It's not what you accomplish, but the style of working that makes an SR&ED project. Let First Canadian align your goals with CRA requirements.
The SR&ED tax credits are an incentive to advance your technology your way, with the support of the Government of Canada. There are definitions of “research and development” outside the scope of the SR&ED Program. Only work that meets the following three criteria qualifies as SR&ED.
Attempts scientific or technological advancement
Features scientific or technological uncertainty
Includes scientific and technical content
It is our experience following an informal process and expecting support from the SR&ED program is not a recipe for long term success in this partnership with the government. Like most of us, they expect to get value for their money, and that value is interpreted as compliance with the rules of the game, and real valuable technological advancement. Aligning your efforts with the government guidelines is your best guarantee of a continuing benefit from SR&ED tax credits.
First Canadian SRED Consultants Inc.’s process is different from most. In short; we work with you to establish a plan for your projects, to train you how to conduct your projects. We help you understand what elements of your projects are eligible, and the specific reasons why. Then we assist you in an ongoing project and activity assessment, to be sure you are documenting and recording your progress. Finally, we prepare confident and well vetted claims in cooperation with your technical staff and accountant, to be certain your credits are processed in the shortest time frame.