On May 30, 2016, the Canada Revenue Agency (CRA) made the following changes to the guidelines for resolving claimants’ SR&ED concerns in order to make the administrative review process faster and more consistent: Form RC532: Request for Administrative Review has… Read more »
Upcoming Seminar- Leveraging SR&ED to Reduce Patent Application Costs
Exploiting synergies between SR&ED/IRAP and patent applications can save time and resources Many people don’t realize that significant parallels exist between what is required for a SRED/IRAP filing and for a patent filing. Join experts from Northbridge Consultants, a professional engineering… Read more »
Update to SR&ED Program Service Standards
The Canada Revenue Agency (CRA) has recently released an update of service standards for processing SR&ED claims. Based on average processing times and success rates in 2015, the following are CRA’s service standards for processing SR&ED claims as of December… Read more »
R&D Across Canada: 10 Quick Facts
1. The Scientific Research and Experimental Development (SR&ED) tax incentive program dates back to as early as 1944, when companies could deduct 100% of eligible expenditures and a third of capital expenditures incurred for scientific research from their taxable income.… Read more »
Funding Webinar: Optimizing Returns from Multiple Government Funding Sources
We invite you to join us for our upcoming information session! Domestic and international competition is forcing Canadian businesses to develop new or improved products, increase productivity and expand sales in global markets. Financing for innovation or growth has always… Read more »
SR&ED Projects From Star Trek
If the inventors of the technological innovations depicted in the Star Trek franchise conducted their research and development (R&D) in Canada and had been Canadian-Controlled Private Corporations, they could have been eligible for funding using the Scientific Research and Experimental… Read more »
Successful Abbotsford Seminar on Government Funding
On Thursday September 30th, NorthBridge partnered with the Abbotsford Chamber of Commerce and the National Research Council of Canada (NRC) Concierge Service to deliver a breakfast seminar on numerous government funding opportunities. Company representatives from various industry sectors were able to learn about… Read more »
Upcoming Breakfast Seminar on Government Grants in Abbotsford, BC
Join us at the Abbotsford Chamber of Commerce on Wednesday, September 30th for a free breakfast and Seminar on Government Funding presented by our Regional Manager for Western Canada, Jaap Siekman, as well as the Innovation Advisor for the National… Read more »
Summary of Provincial and Territorial R&D Tax Credits
The Canada Revenue Agency has recently released the most current summary of provincial and territorial R&D tax credits. Recent program developments by region include: Manitoba As of January 1, 2014, the definition of ‘eligible expenditures’ has been amended in line… Read more »