Increase Your Claim by Up to +100%

On October 9, 2010, in SR&ED - Maximize Your Tax Credits, by Tim Robertson

A qualified SR&ED Engineer can often increase your claim by up to +100%, meaning a larger cheque or tax credit.

A qualified SR&ED Engineer can often increase your claim by up to +100%, meaning a larger cheque or tax credit.

Tagged with: SR&ED 

Avoid Wasted Time

On October 8, 2010, in SR&ED - Maximize Your Tax Credits, by Tim Robertson

Our SR&ED Engineers have over 10 years engineering experience in the field, so there is no wasted time getting consultants up to speed.

Our SR&ED Engineers have over 10 years engineering experience in the field, so there is no wasted time getting consultants up to speed.

Tagged with: SR&ED 

Avoid Having Your Claim Challenged

On October 8, 2010, in SR&ED - Maximize Your Tax Credits, by Tim Robertson

Our SRED Engineers have a less than 1% error rate filing SR&ED Tax Claims. You avoid your claim being denied or challenged.

Our SRED Engineers have a less than 1% error rate filing SR&ED Tax Claims. You avoid your claim being denied or challenged.

Tagged with: SR&ED 

Avoid Out-of-Pocket Fees

On October 5, 2010, in SR&ED - Maximize Your Tax Credits, by Tim Robertson

You only pay for performance! The industry practice is to take a percentage of the claim you get as a fee. Choose a SR&ED Engineering firm that is willing to negotiate. Fees range from 15% to 28% of the refund you are entitled to. The amount of the fee is dictated by how large the [...]

You only pay for performance! The industry practice is to take a percentage of the claim you get as a fee. Choose a SR&ED Engineering firm that is willing to negotiate.

Fees range from 15% to 28% of the refund you are entitled to. The amount of the fee is dictated by how large the claim is, and how much work is involved creating a successful claim for the CRA.

Before you opt to go it alone or just have your accountant take care of it, keep in mind that a SR&ED claim is 15% accounting, and 85% technical. Because of this, an SR&ED Engineer can sometimes increase a claim by as much as 250%.

As a simple example, imagine a chair that is made by your factory. Where the accountant sees the chair and some related components, an engineer will break the chair down into distinct elements: laminates and fixtures, tooling and ergonomic devices, materials and hardware, and so on. This dramatically increases the potential for increased leverage in all of your research and development tax credit activities.

Tagged with: SR&ED 

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