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TDMG Inc

100 Alexis Nihon, Suite 102

St Laurent, Quebec

H4M 2N6

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(514) 381-9115

*info@tdmginc.com

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Canadian SR&ED Tax Incentive Program

The Canadian SR&ED (Scientific Research and Experimental Development) tax incentive program. is administered by the Canadian government and encourages Canadian businesses of all sizes and in all sectors to conduct R&D in Canada. It is the largest single source of federal and provincial government support for industrial R&D. The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada. The program is an absolute must for any entity conducting eligible R&D work in Canada. TDMG has undertaken a number of R&D programs over time and the benefits of these tax incentives really do go a long way. The actual incentives will depend on various parameters and in which province the R&D is conducted (as each province has it’s own incentives), but the rates can be as high as 60% - 70% for small businesses. The average SR&ED refund or tax credit is in the order of 35% of the cost of the R&D work including all business types and sizes. It is therefore important to look into these incentives and take ad-vantage of them as much as possible. It is possible to get loan approvals and guarantees on the basis of future SR&ED claims. This can be very helpful for funding R&D intensive programs in all industries. For more information you can go directly to the Canadian government’s website.

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