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The SR&ED tax incentive program is a way for companies to invest in research and development. SR&ED aims to ensure that companies are investing in the future by creating new products and services, or improving existing products or services.

SR&ED stands for Scientific Research and Experimental Development. When a company spends money on SR&ED they can deduct 50% of those expenses from their gross income.

This deduction can be applied against corporate income taxes or collected as a refund. To know more about the SR&ED program you can visit our website: canadiansred.ca/

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Canadian SRED

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3y ago

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