Start-ups, food services, real estate, construction, and product developers may all qualify for SR&ED—even without profits or cutting-edge tech. Successful claims can return up to 60% of eligible costs.
Start-ups, Food Services, Real Estate, Construction Industry, and Product Development companies can qualify for Experimental Development tax credits (SR&ED). You do not need to be in a taxable position, nor do you need to be performing rocket science in order to take advantage of Technology tax credits. If you successfully apply for SR&ED tax credits, you may receive a cheque from the government for up to 60% of eligible labour and material expenditures.
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