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Apparently SR&ED in specific is an amazing subsidy, it can fund almost half of your R&D labour spending IIRC?
by jammygit 7y ago
Apparently SR&ED in specific is an amazing subsidy, it can fund almost half of your R&D labour spending IIRC?
- endorphone 7y agoThey've gotten significantly more picky about what qualifies as R&D, however. Just building some software generally doesn't qualify, and they've had years of firms sending in R&D claims for their CRUD app that they've gotten incredibly dubious. It isn't pleasant when the CRA investigator calls (I've received one of those calls, being at a firm that decided to drink some of those delicious credits for our web app, imagining how every aspect was actually some new invention). If you're legitimately doing bonafide R&D -- like a team doing serious AI work, etc -- it's glorious, but it is a false hope for a lot of copy/paste type shops.