Tax Incentive Program of sr&ed.

Category : Financial Decisions, Tax

The ongoing economic recession and environmental worries – these two issues make it more challenging for small and mid-size businesses in canada not only to succeed, but in many cases to live through.

Did you realize that the government of canada formulated and enforced a unique program to help small and mid-size businesses operate with great success?

The sr&ed tax incentive program is a nifty “war chest” resource, in particular during the current economic downturn.

Yearly, the sr&ed program provides over $4 billion in refunds and tax credits to over 18,000 claimants. Of these, approximately 75% are small businesses. Of course, there are questions you might just be asking yourself now. Many of those could be:
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