SR&ED - Free Money! - David talks to Richard Moore of TechIncentives.CA
Thursday, December 10 2009 @ 07:55 PM PST
Although it is administered by the Canada Revenue Agency, the topic of this interview is not actually a tax. In fact it is the Canadian government giving money away this time - kind of a negative tax, or as they call it - a tax rebate or tax credit; but they send you money even if the company has not yet paid tax!
That's the Scientific Research and Experimental Development program. While it applies to all taxable businesses doing business in Canada, it is especially lucrative for Canadian Controlled Private Corporations. Richard spent four years as a SR&ED consultant to CRA, reviewing hundreds of projects. He has a unique insight into the program and how to make the process of claiming the rebates flow smoothly
We'll let David and Richard Moore tell you all about it.
Read on for more info on how to get in touch with Richard
Individual Segments
- Introduction to Richard Moore - home town, Kelowna, BC - What is SR&ED and who qualifies?
- What do I have to develop to qualify? Contrast with the earlier SRTC (Scientific Research Tax Credit) which ended up being abused
- An interesting example - how to put in a new water line without digging up the old one - does this qualify?
- Does the sole proprietor qualify for the SR&ED program?
- Richard Moore is also a director of Hancock Wildlife Foundation - does a non-profit qualify for the SR&ED program?
- Where does Richard Moore come into this program? How does he make his money and why should a company hire him?
Richard Moore works on a contingency basis with companies to not only help them find and claim their SR&ED tax rebates and credits, but to fine tune the process even for companies who are already filing for the program.
You can get in touch with Richard at:
Technology Incentives Inc.
4639 West 3rd Ave.
Vancouver, BC V6R 1N5
richard@techincentives.ca
604-331-4688
Tag: tax, rebate, sr&ed, scientific, research, experimental, ccpc, company
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