Banhall Consulting

The SR&ED (Scientific Research and Experimental Development) Tax Credit is a government program designed to encourage Canadian businesses to invest in research and development. Companies conducting R&D activities can receive substantial tax incentives, including refundable tax credits, which help offset the costs associated with innovation. These credits are available to a wide range of industries, from tech to manufacturing, and they can be applied to both small startups and large corporations. The SR&ED tax credits play a vital role in driving innovation, fostering growth, and supporting economic development in Canada.