The Canadian government has extended the deadline for businesses to file claims for Scientific Research and Experimental Development (SR&ED) investment tax credits.
What does the extension mean for Canadian construction companies?
Not only do companies have more time to file their claims; the Canada Revenue Agency (CRA) has also reduced its refund processing time to about eight weeks versus six to 12 months, so you can get your refund faster.
How can VRCA help to file your claim hassle free?
VRCA has an exclusive partnership with construction SR&ED specialist Invennt. Their team of construction specialists already works with VRCA members to ensure they receive their fair share of SR&ED tax credits and will help you to prepare and file your claim hassle-free.
Whether it is your first time claiming, or you’ve claimed before, there is no better time than now to take advantage of these valuable tax credits to ensure your business has the added financial support it deserves.
Do not let your ingenuity go to waste! Book your complimentary no-obligation exploratory meeting with Invennt today! and let them do the heavy lifting.