Message from the CEO

Dear [firstname,fallback=Colleague]:

Business in Canada is constantly evolving and Northbridge is ready for the challenges this presents. I believe that we have the best team of talent amongst any SR&ED consultants in Canada. I am very proud of our team members, primarily of the passion they have shown to our clients. Our team members were also fully involved in the development of our new website, newsletter and expanded service offerings.

We are very pleased to announce the newest member of the Northbridge Team: Ajay Sinha, VP Operations. Ajay is an experienced manager with 18 years of professional management experience in consulting and directing manufacturing, production, financial and SR&ED operations in North America, Europe and Asia. In a short time, he has proven to be an integral addition to our consulting community, positioning us towards continued growth and expansion.

Northbridge Consultants continues to offer value added services paired with personal and professional integrity. During times of economic uncertainty, it is crucial that companies claiming SR&ED credits receive the maximum possible claim value. This has always been our goal at Northbridge and we are continuously improving on our practices to ensure maximum benefit for our clients.

By choosing to work with Northbridge you are choosing a team which is passionate about customer service and will strive to ensure your SR&ED claim is as strong as possible in order to strengthen your business in these tough economic times.

Best Regards,

Sol Algranti, President & CEO Northbridge Consultants

Message from Team Northbridge

Meet Northbridge Consultants!

We are very proud of the diversified associates working at Northbridge. Sol Algranti, CEO, is a true visionary, with 20 years of SR&ED experience, entirely dedicated to exceeding client expectations. Sol has assembled a highly effective group of associates with the expertise, commitment and professional approach to successfully facilitate your SR&ED goals. With the recent addition of Ajay Sinha, VP Operations, we are focused on value added services and are poised to meet our clients expectations to the best of our ability.

What sets Northbridge apart is that all of our Account Managers are Engineers, many of whom hold Masters Degrees and P.Eng. designations. Our engineers, with their range of industry experience, have the critical thinking and developed knowledge of your technical practices and challenges, to effectively prepare your eligible SR&ED submissions. The success of our claim preparation process is due in large part to our support staff who assist in your submission’s financial administration with accounting partners and the CRA. Additionally, we are very pleased to include in our operation creative graphic designers and media development personnel who work dilgently in the support of our web-based offerings.

Northbridge Consultants offer you the competitive advantage required for the maximized return on your innovative projects. Now is the time to invest in your technologies to ensure your place in future markets. Welcome us into your R&D planning – the possibilities are endless!

Sincerely,

Team Northbridge

For Our Valued Clients

Northbridge takes pride in maintaining an unmatched level of customer service to our clients. Our account managers are evaluated based on client feedback – please complete our survey to let us know if Northbridge Consultants met or exceeded your expectations, as well as how we can improve our service to you.

Testimonials

"Motor Coils contracted Northbridge Consultants in 2007 to guide our company through the complexities of applying for a tax rebate under the Scientific Research and Development Program. With their guidance we claimed and received a credit that was substantially more than we would have realized on our own. The refund secured by using Northbridge's service more than justified their fees."

Chris Moar, Production Supervisor at Motor Coils Mfg. ltd.

"Our previous experience had been that the SR&ED incentive program was not worth claiming. However, working with Northbridge Consultants has both changed our perception of the program, and helped us to dramatically improve our results."

Ronnie Strasser, President of Phantom Industries Inc.

SR&ED Webinar

On November 25, 2008, Gerry Fung (Northbridge Consultants) and Adam Furbacher (Taylor Leibow LLP) will be delivering a webinar entitled "What You Don't Know About SR&ED Could End up Costing Your Company Hundreds of Thousands of Dollars!" (http://www.cch.ca/tr/ips.aspx)

SR&ED Tax Credits for Work Performed Outside of Canada

As a result of the 2008 Federal Budget, claimants can now earn SR&ED investment tax credits (ITC) for work performed outside of Canada after February 25, 2008, up to 10% of the total salary or wages for SR&ED performed in Canada. (http://www.cra-arc.gc.ca/txcrdt/sred-rsde/whtsnw/bdgtmpl-eng.html)

Streamlined SR&ED Processes

In Fall of 2008, a one-page outline of SR&ED program revisions will be released to announce changes to the SR&ED program. It is believed that this restructuring will focus on increased partner outreach, a simplified and streamlined claims process, and streamlined technical narrative requirements. (http://www.cra-arc.gc.ca/txcrdt/sred-rsde/whtsnw/ppdt-eng.html)

New T661 Form Released

On November 10, 2008, a new T661 form was released by the CRA to streamline the SR&ED filing process.

• New T661 Form
• Guidelines for New T661 Form
• Q&A About T661 Form

Tips & Tricks

Facts & Figures