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Claiming SR&ED Tax Benefits


After you incur expenses on qualifying SR&ED activities, the SR&ED claim is filed within 18 months after your fiscal year-end.

These claims must contain all necessary information and are typically filed at the same time as your company's annual income tax returns. The SR&ED claim is optimally be filed within a few months of year-end. We have filed SR&ED claims for some within mere weeks of their year ends.

NOTE:  Your SR&ED tax benefits will be lost forever if you file more than 18 months after year-end!

Carefully tracking your SR&ED activities and expenditures is essential in preparing a claim. Canada Revenue Agency (CRA) requires financial information to be broken down by project and cost category.

In addition, activities must be divided into separate projects, and each project requires a separate technical report.

Forms required by CRA when filing your claim:

  • Technical summaries
  • Form T661
  • Schedule 31
  • Schedule 32

When do I receive my SR&ED benefits?

The objective of the SR&ED program is to deliver the SR&ED tax credit in a timely, consistent, and predictable manner, while encouraging research and development (R&D) performers to assess their own claims in compliance with tax laws, policies, and procedures.

The CRA has the following service standards for processing SR&ED claims:
  • refundable claims - 120 calendar days from receipt of a complete claim
  • non-refundable claims - 365 calendar days from receipt of a complete claim
  • claimant-requested adjustments to refundable claims - 240 calendar days from receipt of a complete claim
  • claimant-requested adjustments to non-refundable claims - 365 calendar days from receipt of a complete claim
The SR&ED program is committed to meeting these service standards at least 97% of the time.

Success Rates Per CRA

Type of Claim Apr. 1/10 - June 30/10
Refundable Claims 120 Days 97%
Non-refundable Claims 365 Days 96%
Refundable Claimant-adjusted Claims 240 days 97%
Non-refundable Claimant-adjusted Claims 365 Days 95%

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Successful Claimants

  • Applied Research Firms
  • Architectural Firms
  • Chiropractors
  • CNC Machine Operators
  • Communications Firms
  • Computer Technology Service Providers
  • Consultants
  • Engineers
  • Fast-food Operators
  • Fitness Clubs
  • IT Service Providers
  • Manufacturers
  • Product Development Firms
  • Software Development Firms
  • Tool & Die Shops
  • Wellness Centres

Client Comments

"I have had the pleasure of working with Jonathan for several years and found him to be personable, knowledgeable and professional. I personally benefited from his analytical problem-solving style. Through gaining an understanding of each client, he is able to evaluate the relevant needs and devise an approach to satisfy even the most demanding of clients. His experience with SR&ED tax credits has facilitated his clients in making these claims and realizing these refundable investment tax credits. Jonathan is efficient, possesses a strong work ethic and is passionate both about his work and pleasing his clients."
CA, Real Estate Development, 400 employees
"Mr. Ruben and his team are experts in the field of Scientific Research and Experimental Development claims. They have assisted with an outstanding record of 6 successful consecutive claims for our organization since its inception. The team knows exactly how to effectively guide and manage clients through this very complex and intricate system in a manner that puts clients at ease. Having the exact knowledge of what the government is looking for in submissions, they guide and assist with the detailed work and statistical analysis that is required throughout the year. We believe that there is no better small business consultant out there to help manage all of your SR&ED claims."
Owner-Manager, Health Centre, 30 employees
"Before being referred to Jonathan Ruben, our company was outsourcing our SR&ED claim preparation to a firm that specialized in SR&ED claims. Not only did this firm not know our business, it was also taking a cut out of our refund. Since Jonathan has been providing our corporate and tax planning services for the past few years, he knows and understands our business and is able to apply this knowledge when giving us advice on preparing our SR&ED claims. He takes a personal interest in your business and overall financial success. He is available whenever you need him, quick to respond to calls and emails and attends CRA SR&ED meetings in person. His guidance and expertise has provided value-added service to our growing company. I highly recommend his services for all your financial and tax-planning needs, especially SR&ED."
Owner-Manager, Manufacturer, 15 employees
"After starting out with another accountant and experiencing the frustration of a start-up business with a dream not being taken seriously, we met with Jonathan who quickly and astutely spotted several opportunities for growth within our company. With the help of Jonathan's team's tireless, passionate effort setting goals, keeping us on track with metrics, visual reporting and insightful advice, guiding us through the SR&ED maze yielding annual 6 figure refunds, structuring incentive plans for our team, securing financing and playing the critical CFO role to an absolute 'T', while always bringing value to the table, our revenue has grown more than 20 fold. Our management and accounting teams have enjoyed their interaction with the Orchard PBS team immensely and find their accessibility and responsiveness an absolute pleasure. We highly recommend Jonathan as a very positive addition to the key advisor group of any business looking to take their game to the next level."
Owner-Manager, Manufacturer, 30 employees
"Jonathan Ruben has been my CA for over 10 years providing the most exceptional client service and attention to detail. He and his organization provide an truly approach combining financial, business, research and investing guidance. Jonathan helped me set goals both personally and financially, building a successful plan that allowed me to ultimately surpass what I thought was possible. Jonathan and his team are well-versed in Research and Development tax credits. His firm has successfully guided our organization in obtaining tax credits through his ability to identify eligible SR&ED projects. Jonathan is not only an incredible CA but a strong mentor and solid business coach who brings compassion, dedication and enthusiasm to our world. Thanks JR for helping me far exceed all business and personal goals."
Owner-Manager, Professional Services, 20 employees
"Our software development company relies on SR&ED claims to cover a considerable portion of our costs. For a number of years we have depended on Jonathan Ruben to help secure those funds. He proofs our technical write-ups and completely prepares the financial paperwork. He provides guidance with respect to claimable expenses and advises throughout the process. His communications are professional and timely and he consistently deliveres our claim documents within 3 weeks of our year-end date. This has allowed us to get the cash in our hands as fast as possible. Our experiences with Jonathan have been nothing but positive and we highly recommend his services."
Owner-Manager, Technology Solutions, 3 employees
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