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I'd also mention that what counts as 'R&D' is often paper thin. Normal developer activities can count if they are spun correctly. Whether that's a problem depe
by Afton 11y ago
I'd also mention that what counts as 'R&D' is often paper thin. Normal developer activities can count if they are spun correctly.
Whether that's a problem depends on the amount that you think of this as a general small business tax credit vs an incentive to do research.
- wwhchung 11y agoYup. Many more issues, but this is one that isn't subjective and I can provide possible solutions to, so its the first I wrote about. :)
- stormbrew 11y agoI was once told of a restaurant that managed to get SR&ED for their chefs. Second-hand, and supposedly they've tightened the rules since then, but I feel like it's really telling of the flaws with the program at a fundamental level. Either make it a handout directly or tighten up the rules so that it can only apply to things with really rigid processes that are capital intensive, imo.