Research and Development Tax Credit

Under the Scientific Research & Experimental Development program, Canada offers an investment tax credit to eligible businesses.

Tax credits range from 20-35 percent of eligible research and development costs. And for certain Canadian-controlled private corporations, the credit may be refundable.

In addition, Alberta has a provincial program that provides a refundable tax credit for research and development expenses incurred in the province.

This firm provides assistance only with the financial schedules to be filed with CRA and Alberta Finance. If you require assistance in other areas such as preparation of technical reports and identifying eligible costs, you will be referred to a suitable firm.

Your trusted Chartered Accountant provides research and development consulting services to clients located in Calgary and area.