Scientific Research & Experimental Development Program
Thursday, April 21st, 2016 - 7:30pm
Location: Yummy Grill Restaurant, 531 Atkinson Ave., Thornhill, Ontario
Fee: $15/pp includes refreshments
Scientific Research & Experimental Development (SR&ED) is Canada’s largest single source of federal government support for industrial R&D in Canada. Each year over $3 billion in tax credits and cash refunds are administered to over 20,000 taxpayers – the average claim size is around $150k. There is a very broad range of fields of science eligible under the program, including: Software Engineering, Civil Engineering, Manufacturing, Chemical Engineering, etc.
This program is geared towards small and medium sized Canadian companies however many either haven’t heard of the program or do not think that the work they do is eligible. If you are not currently filing SR&ED claims ask yourself...
• Developing SOMETHING new or making incremental improvements (materials, devices, products or processes)?
• Improving functionality, quality, cost, cycle times, scrap rates etc of SOMETHING?
• Better at SOMETHING today than you were in the past?
The SOMETHING may be eligible for SR&ED credits!
This presentation will explain the eligibility requirements of the SR&ED program, explain the financial drivers and incentives available, and provide a broad range of eligible project examples. The goal of the presentation is to highlight that most engineering companies that are involved in developing or improving SOMETHING may be eligible, and to explain how easy it is to apply for the claim.
Our presenter, Josh Dyment, BASc, MASc, P.Eng is a Manager at Grant Thornton LLP specializing in assisting engineering clients to file SR&ED claims. He has a passion for new technology and R&D, energetic and considers himself a creative thinker who is adept at thinking outside-of-the-box; this has served him well when working with engineers from a wide variety of industries to frame their projects in an eligible way to maximize their SR&D claims.
He is a mechanical engineer from the University of Waterloo with 12 years’ experience in automation, manufacturing and SR&ED. Josh is a member of PEO York Chapter and has been to several of our presentations.
Friends are welcome and networking encouraged!
Rick Vender, P.Eng.
Program Director – PEO York Chapter