The Scientific Research and Experimental Development (SR&ED) tax incentives are intended to encourage businesses to conduct research and development in Canada, created by Gov Can. There are 2 tax incentives: Claim a deduction against income OR Earn an investment tax credit (ITC).
Since this is already confusing, we have created our second Info Series event, focussing on what the heck is SR&ED, how to utilize it, and who can help in the process.
Alc and non-alc beverages are provided, and the discussion is facilitated by our Development Manager to keep things flowing smoothly.
Our Guest Speaker: Boast AI
Boast is democratizing access to billions of dollars in innovation funding so companies can fuel their growth while preserving equity and avoiding red tape. With operations across Canada and the US, more than 1,500 innovative companies have leveraged Boast to get more money ($400M+) faster with less time and risk.
Session Description:
Join us as we discover the essentials of SR&ED in our Fueling Innovation workshop presented by Boast. From program overview to eligibility breakdown, debunking myths, real-life case studies, and a comprehensive Q&A, get all the insights you need to maximize your benefits from this valuable tax incentive.
Learning Objectives:
1) Understanding SR&ED: Learn the program's purpose and benefits.
2) Determining Eligibility: Identify eligible activities and expenditures.
3) Debunking Myths: Address common misconceptions about SR&ED.
4) Real-Life Applications: See the SR&ED impact in action.
5) Interactive Q&A: Engage in an open discussion with SR&ED experts.