Is The SR&ED Tax Credit Important to You
Help Us Keep SR&ED Intact: Share Your Feedback
In December 2010, the federal government convened an Expert Panel to review federal support of Research and Development in Canada. The BCTIA provided its inputs earlier this year which, among several recommendations, included the need for continued support of the existing SR&ED program in Canada as a vital part of supporting early stage technology companies.
I’ve learned that the Expert Panel is still reviewing the inputs and is open to further feedback from companies. For this reason, I’d like to gather your feedback to supplement our original submission – to ensure that there is continued, unwavering support for SR&ED and at a minimum to preserve the existing tax credit levels.
To this end, I’m hoping I can get your help to answer two questions:
1) How important of a role has SR&ED played in the success of your tech company?
2) What impact would you have faced had you NOT had access to SR&ED?
Thanks in advance for your help. Please provide your comments through the BCTIA LinkedIn Group by clicking on the BCTIA logo below. Your voice will help us push our case in the final months before the recommendations are due to be published.
One Comment on "Is The SR&ED Tax Credit Important to You"
SR&ED is critical to the survival of many small to medium sized enterprises, especially in the manufacturing sector. Decreased SR&ED will directly lead to jobs lost.