Scientific Research and Experimental Development (SR&ED) Tax Credits
TTSI has a complete range of services to get you the SR&ED tax credits you are
entitled to.
We provide a turn-key service on a performance fee or hourly basis to minimize the
work on your part. We will show you where you have done work that can be claimed
for SR&ED and estimate the potential size of your claim. We will summarize the
work performed and why it qualifies, describe your projects, calculate costs, prepare
your claim for input to your accountant’s tax software, support you through any
reviews by CRA and track the status of your refunds or credits.
If you prefer to do most of the work, we can provide a coaching service where we
provide training and review but you prepare your SR&ED claim.
We have experience in many sectors including software products and services,
communications, energy, aerospace, nutrition and health care, food processing,
food science, manufacturing, industrial and chemical processes, agriculture, and
waste management.
Ontario Interactive Digital Media Tax Credit (OIDMTC)
If you develop an Interactive Digital Media product in Ontario, then up to 40% of
your overall development cost can be eligible for on OIDMTC refund by the
province. It could be a game, an educational or training product or an information
service. Some marketing and distribution costs are also covered.
Other grant or tax credit programs may also be applicable depending on the
circumstances. Contact us for an evaluation of your eligibility.
Many companies think SR&ED
tax credits are only for
totally new product
development with bleeding
edge technology.
In reality, most claims
include incremental product
or process improvements
where some technical
challenges were involved.
Sometimes there are
government grants that are
more applicable than tax
credits. We know which
programs are most applicable
and will assist with the
preparation, submission and
defence of your proposal or
claim.
Canadian Tax Credits and Refunds
www.turnerstrat.com
Call 519-856-2559