|SR&ED Engineering is the practice of designing, composing, evaluating, advising, reporting, directing, or supervising the construction or manufacturing of tangible products, assemblies, systems, or processes that requires in-depth knowledge of engineering science and the proper, safe, and economic application of engineering principles. By definition, and according to sound professional practice, engineering practice does not involve scientific or technological uncertainty and is thus not eligible on its own. However, engineering work that is commensurate with the needs and directly in support of basic research, applied research or experimental development is eligible.The recession is over and a slow recovery has started. Major labour shortages will continue given the current levels of immigration and post secondary enrollments. During a recovery period from 2010 to 2012 both these factors will encourage economic growth. The Statistics Canada Census counted 85,000 engineers working in Ontario 2006 and current estimates for 2009 reach 87,000. A modest expansion is anticipated from 2013 to 2018 as trend rates of growth hover around 2%. General economic growth is lower than in the past due to slower population growth and the related limits to the labour force. Labour markets will reflect these demographic trends through very low unemployment rates and ongoing recruiting challenges. Higher immigration is the key to economic growth and net immigration rises to record levels across the coming decade.Ok, tell me more...
|You Maybe Eligible For SR&ED If You Involve:
- Electrical engineering
- Electronic engineering & Information technology
- Mechanical engineering
- Materials engineering
- Environmental engineering
- Other engineering and technologies
We understand that innovative companies may not have the internal staff resources to prepare and manage their claims. That’s why we offer a complete end to end service and the expertise you require to maximize your claim. We invite you to think of us as your virtual R&D tax credit team – a resource that you can count on to process your claim now and provide you with on-going advice and support in the future. All CTAP consultants have direct experience in working in the field. And since our consultants understand the processes and methodology of product development, they are able to complete your claim with less disruption to your day-to-day activity. CTAP helps medium to large sized Canadian Corporations devoted to innovation and execution of new technologies, processes, systems and , carried out within a variety of industry sectors:
Why leave money on the table? CTAP contingency fees pay for themselves. Request a free consultation. CTAP specialized services assist Canadian companies to maximize their resources by accessing research and development tax credits available from the federal and provincial governments. CTAP staff has expertise in product development cycle, software development, engineering, manufacturing, and business management, combined with an in-depth knowledge of SR&ED.
CTAP Virtual SR&ED Team has assisted Canadian SME’s to recover millions of dollars in SR&ED credits that otherwise would have gone unclaimed.
CTAP - Your Virtual SR&ED Team
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