Tax Credit Incentive Programs

Governmental agencies provide various tax credit incentives to businesses. These incentives assist in nurturing innovative products, establishing export trade markets, and developing a skilled labour force.

Two such tax credit incentive programs are:

Scientific Research and Experimental Development (SR&ED)

Businesses often create improved features to products, unique tweaks to a production process, or develop leading-edge technology for their customers. Those breakthroughs typically come after much time, energy & money have been spent in design, prototype engineering & rigorous testing.

Many such businesses don't realize they may qualify for the benefits available from SR&ED tax credits on both the Federal and Provincial level.

We can connect you with our qualified SR&ED associates who will meet with you to determine whether you have a viable SR&ED tax credit claim, at no cost to your company. If a claim is possible, you can contract them to prepare a SR&ED report on your behalf. We will coordinate the integration of this claim with them into both your financial statements and corporate tax returns.

Apprenticeship Training Tax Credits (ATTC)

Many businesses spend significant time and money developing skilled tradespersons within their organization. Yet many companies don't realize that they may qualify for ATTC tax credits on both the Federal and Provincial level.

We can help determine whether your company is eligible as a qualifying skilled trade in the service, construction, industrial or motor power trades. If a claim is possible, we will coordinate the integration of your claim & supporting documentation into both your financial statements and corporate tax returns.