R&D Incentives

What’s in it for my company?

By using ResDev you have seasoned veterans of the SR&ED program working on your behalf.  We have been there, and we know the process.

SAVE TIME

We reduce the time spent in preparation of the claim by assisting in proper documentation of activities and expenditures at the beginning of the period.

OPTIMIZE STAFF

We prepare both the technical submission and finance submission – thereby reducing the time your staff has to spend on the SR&ED submissions.

MINIMIZE RISK

We minimize your risk by preparing defendable claims. Activities and expenditures which cannot be supported will not be claimed

VALUE

We increase the value of your claim by ensuring all activities and expenditures which do qualify under the SR&ED program are claimed

EDUCATE

We educate you about the SR&ED program to help you understand the requirements of the program and make the process less painful by attending any CRA audit

TRAINING SUPPORT

Train you on how to document your claim by providing tools and simple suggestions or changes to your current business practices

Science

Staff with scientific and technical expertise are required to determine the eligibility of the work claimed. Our Science staff meets with your science staff to review the work you performed during the year  to determine if the work meets the definition of SR&ED as defined by subsection 248(1) of the Income Tax Act. The eligibility of work for SR&ED Investment Tax Credit Policy was published April 24, 2015 by CRA.

We then prepare the technical submission on your behalf, and defend the submission during any CRA audit.

Determining the eligibility of the activities under the SR&ED program is arguably the most important aspect of the SR&ED claim. This area is of such importance that the CRA has provided a variety of services and tools aimed at educating claimants and providing self-assessment tools to assist in determining if your activities qualify. Link

We breathe new life into your business

ResDev was incorporated in 2002. Staff is seasoned. The majority of the team is comprised of ex-CRA employees or consultants. Our team members have over 100 years of combined experience and have audited over 10,000 claims. These claims range from small CCPC’s to large multi-nationals that are the largest companies in their respective industries.

What is SR&ED?