The Scientific Research and Experimental Development Program (SRED) provides federal tax credits of over $2.4 billion a year to over 20,000 companies that have performed research and development in Canada.
This course offers tax practitioners and SRED managers an introduction to the SRED program in Canada. It offers an opportunity to consider the types of work that are included as eligible SRED, with reference to live examples. The allowable and qualified expenditure rules are also covered, with a focus on qualifying for refundable credits for CCPCs.
At the end of this introductory course, you will understand the basics of the SRED program and have practical tools to compile and defend claims.
Framework for R+D incentives in Canada
An overview of the “technology” eligibility criteria including examples
Documentation requirements to support claims
Issues related to eligible costs, investment tax credits and refunds
Tips and traps in claim preparation, filing and defending claims
Updated summary of significant tax court decisions and impact on the program
Case study, including related federal and provincial tax forms
WHO WILL BENEFIT?
This course will benefit practitioners seeking to understand the benefits, approaches and common pitfalls associated with SRED claims.
The course has been updated to include the changes to legislation and administrative policies up to July 15, 2018.
Time: 09:30am - 1:15pm
Passport - ½ Day
CPD Hours - 3.5