Our friends at Boast Capital know a thing or two about SR&ED tax credits. So, when they asked if they could write a guest blog for us, we couldn't resist (also because our Communicorn hates doing real work, so that made her life much, MUCH easier for the week!) Check out this cool post by our friend Alex Popa, Managing Partner at Boast Capital:
The Scientific Research & Experimental Development (SR&ED) tax credit is Canada’s most popular R&D funding program. In 2012, this program provided over $3.6B to over 23,000 companies. If your fiscal year end is December, you only have about 30 more days to claim any expenditures incurred in 2012.
Boast Capital has attempted to simplify this sometimes-complicated tax credit for you in the infographic below.
Posted by Alex Popa, Managing Partner, Boast Capital
Alex Popa manages Operations and Finance at Boast Capital. He is also a partner at Plug and Play Canada. Previously, Alex managed KPMG’s Software and IT SR&ED practice for Western Canada, and managed the national Software and IT SR&ED practice for Alma Consulting Group, a global operations consulting firm with offices in 12 countries. Prior to becoming an SR&ED consultant, Alex co-founded an e-commerce start-up specializing in providing online recruitment resources to high turnover industries, and was a Business Intelligence Engineer at Johnson & Johnson.
Alex is also a board member at Calgary Council of Advanced Technology (CCAT). Alex is a certified Project Management Professional, and holds a B. Eng. in Software Engineering with Electrical minor from Lakehead University and a Postgraduate Diploma in Accounting from The University of British Columbia.