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Many companies are performing SR&ED activities as part of their day to day operations, without realizing that these activities are eligible for SR & ED tax credits. Billions of dollars are granted to companies under both federal and provincial SR & ED tax credits programs. Over 75% of these claimants are small businesses. | Scientific research and experimental development (SR&ED) tax credits in Quebec are among the most generous in the world. In many cases, credits can represent 80% of eligible expenditures. These credits are often refundable and go straight to your bottom line. The criteria which must be satisfied to benefit from these credits are complex and require an understanding of the government’s inner workings. You may be eligible if you are: - Developing new products
- Enhancing existing products
- Modifying equipment for new use
- Creating new production processes
- Automating existing processes
Our SR&ED team will assist you in: - Identifying eligible projects
- Cost accounting
- Maximizing tax credits
- Preparing technical reports
- Setting up a system to properly capture costs and document future projects
- Preparing statutory filings
- Assistance with tax audit and negotiations with government authorities
Allow the PSB Boisjoli’s professionals with years of experience in the field to help you manage this complex process. For more information about our range of services, we invite you to contact us for a complimentary consultation
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