• SR&ED is the single largest federal tax incentive program that supports business research and development.
• The SR&ED program provided over $3.4 billion in tax credit assistance to over 22,000 claimants in 2013.
• Eligible projects include those with technological uncertainties, seeking technological advancement and using scientific/technical content.

Who's Eligible?

Corporations, both SME and large. Credit rates depend on whether an organization is:

• CCPC = Canadian Controlled Private Corporation
• Non-CCPC = Foreign and/or Publicly Owned Corporation

Canadian Controlled Private Corporations (CCPC) can claim:

• Salaries ~64%
• Sub-Contractors ~32%
• Materials ~42%

These are refundable credits for Canadian SME's.

Non-CCPC's (Large CCPC or Public/Foreign-owned companies) can claim:

• Salaries ~36%
• Sub-Contractors ~18%
• Materials ~24%

These are non-refundable tax credits.

How to Apply?

• The deadline to claim is 18 months after the end of the fiscal year.

• Contact Boast Capital for a complimentary SR&ED Assessment to discuss eligibility and potential size of your claim.

Want More Info?

• Check out the Boast Capital SR&ED website at: http://boastcapital.com/sred/
• Email: info@boastcapital.com
• Call: 1.800.290.5672