The federal and provincial governments reward companies that invest in research and development through the mechanism of tax credits. Areas eligible for inclusion are the development of new technologies, general experimental development, improvement of industrial processes or materials and the general savoir-faire. The success of your R&D project is not a decisive factor for the acceptance of your project in this programme. The specific eligibility criteria are modified from time to time. Only Canadian-based activities can be approved.

Tax credits are deductions for particular R&D expenses. They are deducted from your taxable revenues. Therefore, the net cost of your R&D activities is greatly reduced. In our experience, net returns from 58 to 70 cents on the dollar are often realized.

The time between applying for the tax credit and receiving it is quite short. Following receiving the technical report that FINDER EXPERT prepares, Revenue Canada responds within 120 days. The tax credits or reimbursements are quickly processed.

Corporations often have problems writing their claims due to inexperience in interpreting eligibility criteria. That often leads to confusion. Among the many challenges are identifying eligible expenses and distinguishing between technological content, which is eligible, and commercial context, which is ineligible.

Our consultants have expertise in finance and science with specific backgrounds in engineering, computer science, and information technology. Our team comprises people from industry and university research centers. Most importantly, we have former Canada Revenue Agency Technical Advisors on staff who have acquired an incomparable expertise in the process of claims verification “straight from the source.” These experts know the evolution of the tax credit program, its highlights and how it can benefit you. They can “stick handle” through the procedures and forms quickly so that no time and money are wasted in the preparation of the report.

In over ten years of specialized work in this field, we have handled hundreds of files. We have identified activities where non-claimed costs would have been lost without our intervention. Even when we have received previously rejected audit files, we have known how to research the necessary information, appeal the previous decision and obtain the entire amount of tax credits.

Our vast expertise allows us to evaluate a company’s R&D, thus providing an assessment of the significance of its intellectual property. By comparing this to standards in its field, we can ascertain the potential for a claim. FINDER EXPERT’s consultants guarantee an objective estimate of the amount to claim and the probabilities of obtaining tax credits according to a proven and rigorous methodology for risk evaluation.

Since our only business is dealing with the Canada Revenue Agency [CRA], we are always up-to-date on the most recent trends in interpreting their policies and procedures, thus minimizing the risk of cuts, lost benefits and missed opportunities.

You minimize the risk of having your tax credit refused.

You can focus on your business development and not get bogged down in government bureaucracy. You can also use our reports to assist in arranging bridge financing from a bank in anticipation of receiving tax credits.