SR&ED Eligibility

 

SR&ED eligibility refers to the specific criteria businesses must meet to qualify for the SR&ED (Scientific Research and Experimental Development) tax credit program. To be eligible, companies must conduct R&D activities that aim to achieve technological advancements or solve technical challenges through systematic investigation. Businesses in sectors such as technology, engineering, and manufacturing may qualify if their R&D activities meet these criteria. Understanding SR&ED eligibility ensures that companies can successfully claim tax credits, offsetting the costs of innovation and fostering continued research and development within their industries.

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