TechnoFinance, a firm specializing in financial assistance for innovative businesses, is launching SREDonline.ca, the first platform in Canada offering professional services for Canadian companies wishing to claim their SR & ED tax credits. Various packages are available depending on the needs of businesses such as verification of eligibility for the SR & ED program, validation …
Provincial Budget 2019 – No change but good news for innovative companies!
The 2019-2020 budget does not include a change for tax credit programs, but some measures are good news for Quebec businesses. Among these measures, the budget provides for a $ 1 billion increase in the capital stock of Investissement Québec, bringing it from $ 4 billion to $ 5 billion. This increase will allow Investissement …
Provincial Budget 2019 – No change but good news for innovative companies!En savoir plus
Federal Budget 2019 – Enhancing the SR & ED Program!
Until now, two criteria limited access to credit plus 35% for companies for the first $ 3 million of eligible SR & ED expenditures: When the taxable income is between $ 500,000 and $ 800,000 When the taxable capital used in Canada is between $ 10M and $ 50M In this budget, Ottawa announces that …
Federal Budget 2019 – Enhancing the SR & ED Program!En savoir plus
SR&ED – What is a technological uncertainty?
A scientific or technological uncertainty means that the probability of achieving a particular goal or result, or how to achieve it, can not be known or determined in advance based on experience or scientific or technological knowledge usually available. This theoretical definition can sometimes be confusing when trying to determine in practice the technological uncertainty …
SR & ED – Another judgment confirms the importance of documentation and time sheets!
Another judgment of the Tax Court of Canada in the case of ” Concept Danat Inc. v. The Queen “confirms the importance of documentation in determining whether the work performed in a project constitutes SR&ED within the meaning of subsection 248 (1) of the Tax Act. on income. Extract from the judgment “Regarding the three …
SR & ED – Another judgment confirms the importance of documentation and time sheets!En savoir plus