Private Corporation SR and ED Refunds: How Much Can You Get?
Revenue Services Group specializes in identifying ‘business as usual’ activities that qualify for SR and ED refunds. By specializing in specific industries, our SR and ED experts know what activities in each sector qualify for Canada Revenue Agency’s incentive program. With little time invested in the process by your staff, you receive a significant cash refund or tax credit.
How Much Can You Get?
Canadian-Controlled Private Corporations (CCPCs), receive a cash refund equal to 75% of salary expense.
You pay only 25% of salaries, the government pays 75%.
44.75% of outside contractor or consultant fees
44.75% of the cost of waste material
28% of the cost of equipment used in SR and ED.
All this adds up to additional points of net income. Guaranteed.
You receive a cash refund on expenses. Not a tax credit, cash. So even if your company is losing money, you receive an SR and ED cash cheque.
Made in Canada
Because SR and ED refunds are so generous you can develop products in Canada at costs comparable to outsourcing the work to Bangalore, India or China. Here’s the Math.
What SR&ED Refunds Do You Qualify For?
If your CCPC makes a taxable profit of more than $700,000 per year or has employed capital of more than $15 million, it is treated as a public corporation.
Access an on-line evaluation of your company
Access an on-line evaluation that outlines what activities qualify in your industry and discover how much you’ll receive.
Arrange a complimentary consultation
Invest 30 minutes with a SR and ED tax incentive specialist to find out exactly what you qualify for. Simply click here or contact us to arrange a complimentary consultation.
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ADDITIONAL NET INCOMEFunding & Tax Credits