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Government incentive tax programs GETTING THE GOVERNMENT TO PAY FOR THE DEVELOPMENT OF YOUR PROJECTS www.sredunlimited.com
BEFORE or AFTER PROJECT COMPLETION IRAP SR&ED PROVINCIAL DIGITAL MEDIA PROGRAMS
IRAP ,[object Object],[object Object],[object Object],[object Object]
PROVINCIAL PROGRAMS - ,[object Object],[object Object],ANIMATION
PROVINCIAL PROGRAMS - ,[object Object],[object Object],DIGITAL MEDIA
[object Object],[object Object],FEDERAL+ PROVINCIAL: SR&ED
SR&ED Program Eligibility Technical Criteria ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
FEDERAL + PROVINCIAL: SR&ED (*) For simplicity’s sake, there are no contractor fees in this example (**) 50% is taken just as an example; Quebec allows overhead up to 100% of qualified payroll and 50% of the contractor fees 89% 89,063 32,813 56,250 150,000 50% (**) 100,000 37.5% 35% 50% 200,000 QC 68% 68,475 51,975 16,500 165,000 65% 100,000 10% 35% 50% 200,000 ON % of qualified payroll Total Fed Prov Total w/OH Over-head Direct cost(*) Prov Fed % R&D Salary
FEDERAL + PROVINCIAL: SR&ED ,[object Object],[object Object],[object Object]
Scientific Research & Experimental Development (SR&ED) ,[object Object],[object Object],[object Object]
SR&ED Tax Incentive Program ,[object Object],[object Object],[object Object],ELIGIBLE EXPENSES
SR&ED Tax Incentive Program - Statistics ,[object Object],[object Object]
Claim Refund Size – Example 2 ,[object Object],[object Object],[object Object],[object Object],(*) These multipliers are for Ontario; Quebec’s will be higher (see the table on slide 8)
Work that qualifies for SR&ED tax credits  ,[object Object],[object Object]
Who qualifies for the SR&ED refund ,[object Object],[object Object],[object Object],[object Object],[object Object]
SR&ED Program Eligibility Technical Criteria  ,[object Object],[object Object],[object Object]
SR&ED Program –  Projects Eligibility ,[object Object],[object Object],[object Object],[object Object]
SR&ED Program –  Projects Eligibility ,[object Object],[object Object]
Examples of eligible software development activities ,[object Object],[object Object],[object Object],[object Object]
Software Projects –  Eligible Activities ,[object Object],[object Object],[object Object],[object Object],[object Object]
Software Projects – In eligible Activities ,[object Object],[object Object],[object Object],[object Object]
SRED claim supporting materials ,[object Object],[object Object],[object Object],[object Object],[object Object]
MYTHS about SR&ED ,[object Object],[object Object],[object Object],[object Object]
Planning for a SR&ED claim ,[object Object],[object Object],[object Object],[object Object],[object Object]
Planning for a SRED claim: proper structure of company financials ,[object Object],[object Object],[object Object]
CRA reviews ,[object Object],[object Object],[object Object],[object Object],[object Object]
SRED program and saleability of the custom software ,[object Object],[object Object]
SRED Unlimited ,[object Object],[object Object],www.sredunlimited.com
We help you with ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],www.sredunlimited.com
SRED Unlimited ,[object Object],[object Object],www.sredunlimited.com
SR&ED Tax Credit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Government Tax Incentive Guide for R&D and Digital Projects

  • 1. Government incentive tax programs GETTING THE GOVERNMENT TO PAY FOR THE DEVELOPMENT OF YOUR PROJECTS www.sredunlimited.com
  • 2. BEFORE or AFTER PROJECT COMPLETION IRAP SR&ED PROVINCIAL DIGITAL MEDIA PROGRAMS
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. FEDERAL + PROVINCIAL: SR&ED (*) For simplicity’s sake, there are no contractor fees in this example (**) 50% is taken just as an example; Quebec allows overhead up to 100% of qualified payroll and 50% of the contractor fees 89% 89,063 32,813 56,250 150,000 50% (**) 100,000 37.5% 35% 50% 200,000 QC 68% 68,475 51,975 16,500 165,000 65% 100,000 10% 35% 50% 200,000 ON % of qualified payroll Total Fed Prov Total w/OH Over-head Direct cost(*) Prov Fed % R&D Salary
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