R&D Tax Credits
Currently, the Canadian government is encouraging innovation with some of the most generous incentives in the world. And yet, it's estimated that less than 15 % of the companies that qualify are applying for these benefits. Current R & D expenses may be eligible for a 35% refund from the CRA. Your business may be missing out on hundreds of thousands of dollars in tax refunds!
How can BDO help you?
If your company is developing a new product, improving an existing product, improving your production methods, or working to reduce the environmental impact of your manufacturing process, a BDO advisor can ensure you are receiving the tax savings to which you are entitled. BDO advisors mentor corporations to ensure that they meet the program requirements, file the necessary reports, and ultimately improve companies' chances of achieving success with the program. Successful companies then have the ability to allocate further funding to research and development activities on an ongoing basis.
Why Choose BDO?
Our experts have been successfully filing Research and Development (R&D) tax claims for more than 20 years. We have achieved a success rate in excess of 98% where clients have received at least 86% of the claimed amounts in the form of a refund cheque or tax credit.
To Learn more...
Click here to read BDO's informative publications on the subject of R&D tax credits, or
contact us and we'd be pleased to discuss our services with you.
