Tax Credit Claims

The SR&ED Program is a federal tax incentive program, administered by the Canada Revenue Agency (CRA), that encourages Canadian businesses of all sizes, and in all sectors to conduct research and development (R&D) in Canada. It is the largest single source of federal government support for industrial R&D.The SR&ED program gives claimants cash refunds and/or tax credits for their expenditures on eligible R&D work done in Canada.

If you manufacture food or durable goods or use outside services to assist you in improving your product. AKR Consulting Canada Inc. identifies your qualified development work, prepares and submits a complete SR&ED claim on your behalf

If you modify and or improve machinery or equipment for your plant or for others. AKR Consulting Canada Inc. determines your eligibility for SR&ED credits and will submit a claims on your behalf. We will also help clarify how to structure future tasks to minimize costs.

If you are a multi-unit food service operation doing menu or product development yourself or with suppliers. AKR Consulting Canada Inc. determines what parts of expenses qualify for SR&ED. We will then prepare and submits your claim.

In addition to SR&ED claims, AKR Consulting Canada Inc. will utilize our expertise to identify the available tax credits that are applicable to your particular industry or situation. We will ensure that you qualify, then prepare and submit the applicable tax credit on your behalf.