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Once I looked into SRED and connected the dots, whenever I heard hypercapitalist talk at work I’d have to bite my tongue.
by mikrl 4y ago
Once I looked into SRED and connected the dots, whenever I heard hypercapitalist talk at work I’d have to bite my tongue.
- MonkeyMalarky 4y agoSR&ED is just a nice-to-have break on taxes, no?
- throwawaysleep 4y agoI’m not sure of the details, but I worked for a company where SR&ED reporting and grant collecting determined product features.
- MonkeyMalarky 4y agoYikes,that sounds like a easy way to sink a lot of effort into something totally useless. With how mercurial the government can be with those credits it's better to do the work you need first and think about how to frame it for filing after.
- throwawaysleep 4y agoI a year there and 4 product launches, we never sold a dime.
- theflyinghorse 4y agoThat's most of the companies here, sadly. SRED is definitely a big part of decision making at the level of team leads and above
- deleted 4y ago[deleted]
- stormbrew 4y agoIf you work for a tech company in Canada it's likely that a substantial part of your salary is made up of sred refundable credits.
- osigurdson 4y agoI wish they would cancel the SRED program and simply reduce business taxes in general. It is such a stupid drag on productivity and generally selects for things that sound cool to government bureaucrats while allowing for many juicy corruption opportunities.