Yes, we do! At Virtual Heights Accounting, we understand the unique opportunities and challenges faced by technology companies when it comes to the Scientific Research and Experimental Development (SR&ED) program.
Our SR&ED team is separate from our accounting team but you will still get dedicated support. Your Accountant can also work with you to ensure your process through your project is well documented and supported.
Our dedicated SR&ED division specializes in helping tech companies identify eligible projects, maximize their claims, and navigate the complexities of the application process.
Here’s how we support technology companies with SR&ED:
- Eligibility Assessment: We work with you to determine which projects, expenses, and activities qualify under SR&ED criteria.
- Detailed Documentation: Our team ensures your records meet CRA requirements, minimizing the risk of audits or reviews.
- Maximizing Claims: We help identify all eligible expenses, including wages, materials, subcontractors, and overhead costs, to maximize your claim.
- Integration with Your Financials: As part of your overall accounting strategy, we align your SR&ED claim with your tax planning and financial goals.
- Expert Guidance: We stay up-to-date on CRA rules and ensure your claims are accurate, timely, and defensible.
Technology companies often perform activities that qualify for SR&ED without realizing it. Whether you’re developing software, improving processes, or conducting experimental research, we can help you uncover opportunities to claim valuable tax credits.
Our pricing for SR&ED services is industry standard but we provide discounts to our year-end clients. The process is also more seamless than using an SR&ED consultant as the filing is completed in-house. As per industry standards, we bill on a contingent basis, which means that we do not get paid unless you have a successful claim.
Reach out to us to learn more about how we can assist your technology business with SR&ED services!