What you need to qualify
SR&ED is not only for the science buffs. You can claim SR&ED for many different research and development costs.
SR&ED eligible expenses that can be claimed are typically SR&ED wages, contractors and materials that are consumed or transformed within the research.
Provinces in Canada also have different tax credits that can be utilized in coordination with SR&ED at the federal level. This can lead to up to 60% of your research costs refunded back to your company at the end of each fiscal year.
Time and evidence tracking could make or break your claim. It isn’t a first priority for any regular business owner. CRA looks for more activity-based time tracking methods.
As of September 2023, Atlantic Canadian Businesses have received
$10 million in SR&ED tax refunds through Colum Consultants Inc.
"Colúm has been a huge asset to our team in helping navigate and demystify the SR&ED process. Our projects involve a lot of moving pieces, and it's very relieving to know that we can count on Colum Consultants to help properly document that work at tax time."
-Luke Robertson, Director of Operations, The Black Arcs
"Colum has been an invaluable asset to my tech start-up."
Christel Seeberger, Founder & CEO, Sensory Friendly Solutions
“After having a not-so-pleasant experience our first time around, we weren’t sure about claiming SR&ED again. Colum changed that mindset. Colum Consultants took charge of the situation and represented our research very well to the CRA.”
-Phillip Curley, CEO, HotSpot
Why build a strategic partnership with Colum Consultants?
Specialized Atlantic Canadian business
We do all the legwork that results in a hassle-free claim
Dependable R&D consultants
Led by a science first team
99% of claims submitted successfully through the CRA
Services tailored to your specific needs
Returning clients year over year