www.imk-consulting.com IMK Consulting is a Scientific Research and Experimental Development (SR&ED) tax credit consulting firm.
We specialize in helping our clients with all aspects surrounding the preparation of their SR&ED tax credit claim. We have significant experience in the identification of eligible activities and expenditures related to SR&ED. Our knowledge of the SR&ED program has benefited clients operating in a diverse range of technological fields such as manufacturing, pharmaceutical, chemical, pulp and paper,
food, oil and gas, cement, textile, plastics, and many others. Are you:
Developing a new or improved product? Developing a new or improved process? Incorporating new materials to improve an existing product or process? Developing new equipment, devices or tools or modifying existing equipment, devices or tools to better suit your needs? If so, your business may be eligible to claim SR&ED tax credits. In fact, many companies perform qualifying work without realizing it. Many potential claimants mistake the SR&ED program as being a purely “scientific research” driven or laboratory setting based claim, similar to the type of research conducted by universities. In fact, 90% of the claims submitted to the Canada Revenue Agency (CRA) fall within the area of "experimental development.” This means that the SR&ED tax credit program applies just as well to manufacturing and other industrial clients that devote themselves to creating or improving, even incrementally, new or existing materials, devices, products or processes. Each year, the SR&ED program provides more than $4-billion in tax credits to more than 18,000 claimants, 75% of which are small businesses. These tax credits can offer tremendous financial support for companies, but many of them have no knowledge of the program, how to apply the program guidelines or defend a claim for their specific situation. In fact, it is estimated that up to 60% of eligible claimants do not recover their tax credits. Finding your way through the rules and regulations of the SR&ED tax credit program can be a daunting task. Eligibility requirements are focused and complex. We understand the eligibility requirements and how they are applied. IMK Consulting can determine if your business is eligible to claim SR&ED tax credits. Even if you know that your company qualifies, we can help you to maximize the return on your claims. Our fees are competitive, and wholly contingent upon the success of the SR&ED claim. Contact us for a free consultation and project eligibility assessment! phone: (613) 421-7152
e-mail: [email protected]
