Scientific research and experimental development (SR&ED) fundamentals
Learn about the fundamentals of SR&ED in Canada.
This online course provides an overview of the federal and provincial SR&ED programs, expenditure categories and compliance requirements.
This is a module-based course, with no audio or video components. There are no check-in times or set schedules. You are required to read through each module and completed a short quiz at the end of each module. There is also an overall assessment at the end of the course.
Legislative changes to the Income Tax Act as of July 31, 2019 are addressed.
Topics include:
- SR&ED deductions and investment tax credits
- overview of provincial programs
- qualifying expenditures including:
- salaries and wages
- contract payments
- third-party payments
- overhead expenditures
- overhead expenditures
- government and non-government assistance
- filing requirements
- audit and review process
- SR&ED tax cases