SR&ED for Agriculture and Cannabis
Canada has a rich history of agriculture and farming. Canada is also a leading innovator in advancements in crop development and genetics, environmentally responsible farming and livestock management, and implements and equipment.
Recently, a new surge of research with the cannabis industry has produced clothing and personal care products, and more.
We can help grow your SR&ED tax credits
If your company has spent time developing a new product or process in an attempt to address some new, non-standard demands in agriculture or related industries, there may be an opportunity to receive a refund from the government for that work. If your product or process development required you to try different approaches or generate and test prototypes, whether successful or not, you could receive a refund for the time and materials associated with this experimentation.
If your team has spent any time working on …
- Developing mechanical components or devices for use in livestock or crop management – engines, tractors, implements, and safety equipment
- Enhancing technology and/or electrical or irrigation or monitoring systems that push the limits of standard practices
- Experimenting with alternative fuel/clean energy consumption
- Improving efficiency and efficacy of the manufacturing of products to meet stricter safety standards or increase performance workflow
- Or anything else that might fall into the SR&ED category [link to When Does standard R&D work Become SRED article]…
…then you need to talk to a SRED Unlimited consultant. Call us today to hear how we can help your company.
Why you need SRED Unlimited
You need a knowledgeable consultant who knows what questions to ask and how to present your work so as to increase the chances of receiving a refund. You need a consultant who will walk with you from the beginning to the end of your claim process.
