Scientific Research and Experimental Development (SR&ED) is a federal tax incentive program offered by the Canadian Government to assist companies engaged in innovation. It aims to stimulate experimentation and technological advancement for the benefit of the Canadian economy.
All Canadian taxpayers who file a T1 or T2 tax return and develop new products, or enhance/modify/improve existing products or technological processes can apply. BeneFACT has successfully assisted clients in industries including manufacturing, software & IT, biotechnology, food & beverage, tool & die, oil & gas, mining, machining and fabrication.
For more information about the SR&ED program, and how BeneFACT can help your organization, please visit our FAQ page at http://www.benefact.ca/faq.html
