Small Business

September 5, 2016

How safe is your SR&ED Documentation?

One of the biggest issues surrounding a SR&ED claim is the importance of keeping sensitive information absolutely secure. SR&ED claims are a synopsis of the innovation and technological advancements within specified industries, and the last thing a business owner would like is to see that information shared (accidentally or not), with a competitor. When considering hiring a third Read more…

May 31, 2016

Three Key Reasons You Should Use a SR&ED Consultant

There are many reasons a company might decide to do SR&ED internally. SR&ED was developed to reward Canadian companies for their innovative activities, and many people see it as an added bonus rather than a priority. Handing the job off to a financial person within the company seems like an easier way to do things, Read more…

March 7, 2016

The Ontario 2016 Budget is Reducing Your SR&ED Rates

The Ontario 2016 Budget was announced to the legislature and Ontarians on February 25, and with it comes some adjustments to the SR&ED program. Two of the Ontario provincial SR&ED tax credits are being reduced for taxation years ending on or after June 1, 2016. The Ontario Innovation Tax Credit (OITC) is being decreased from Read more…

March 16, 2012

Myth: Our Secrets are at Risk!

Don’t worry! BeneFACT offers a legally binding Non-disclosure Agreement (NDA) to our clients. In addition to this, we have always been at the forefront of deploying sophisticated IT security measures to safeguard sensitive information. A successful claim does not need to disclose sensitive information; it is just a short story describing the sequence of your Read more…