Are you ready?
The deadline to submit your SR&ED claim is approaching full speed ahead… All aboard!
Administered by the Canada Revenue Agency (CRA), the Scientific Research and Experimental Development (SR&ED) program is the most generous of its kind in the world! Over $3 billion is paid out annually to over 20,000 corporate participants. However, there are still a large sum of companies that are not taking advantage. Don’t miss your opportunity to take advantage of the SR&ED program!
For those companies with a December 31st, 2012 fiscal year end, the absolute last day of the 18 month deadline for submitting your SR&ED claim is June 30, 2014.
Already filed your tax return?
No problem – you have until the filling deadline to add a SR&ED claim to your return as CRA will allow for a reassessment. Don’t let a small mistake on the proscribed forms prevent you from accessing the SR&ED tax credits that you are entitled to.
BeneFACT Consulting Group has a team of financial and technical experts dedicated exclusively to helping Canadian companies maximize their R&D refunds. Speak with a BeneFACT SR&ED expert today to learn more about the SR&ED program to see if your company’s activities qualify for this lucrative tax credit. Get the information you need to start maximizing your claim today! Toll Free: 1-855-TAX-BACK (829-2225)
*The information above is meant for informational purposes only, and not to be used as financial or legal advice.