The Sheldon Group

Avoiding SR&ED Claim Pitfalls

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How to avoid common pitfall that drastically reduce SR&ED claim values

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We’d love to hear from you, whether it be a question about SR&ED, a comment about our services/team or any other inquiry you may have.
Calgary, Alberta: 403.744.4121
Edmonton, Alberta: 780.652.0533
Halifax, Nova Scotia: 902.593.0266
Fort McMurray, Alberta: 587.884.0133
Kitchener-Waterloo, Ontario: 226.476.1055
Markham, Ontario: 905.475.5400
Ottawa, Ontario: 613.454.5530
Toronto, Ontario: 647.478.5446
Vancouver, British Columbia: 778.819.0644
Victoria, British Columbia: 778.817.0266
Winnipeg, Manitoba: 204.515.0833

We ensure you have exactly what you need for a successful claim.

Did you know that failure to consider several tax planning issues can cause your SR&ED claim value to be reduced by as much as 70%?

Some of these issues include neglecting to show, on financial statements, the:

  • Amount of profit earned by your company.
  • Amounts of profit paid as year-end bonuses.
  • Amounts of taxable capital.
  • Profits of associated companies for tax purposes.
  • Amount of taxable capital or accumulated retained earnings.
  • Method of paying non-arm’s length contractors.
  • Distinction between individuals as employees and individuals as contractors.
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