How to use time tracking to maximize SR&ED claims—a seminar hosted by Replicon & Boast Capital

How to use time tracking to maximize SR&ED claims

As we reported earlier, Canada’s Scientific Research & Experimental Development (SR&ED) tax program provides tax credits, sometimes in the form of cash, for research and development projects to help keep Canada at the forefront of scientific and technical advancements. To qualify, companies must meet strict documentation and employee time tracking requirements set forth by the Canada Revenue Agency (CRA).

The strict documentation requirements sometimes dissuade companies from participating in the program, lest the CRA deny claims due to poor or inadequate documentation. Consequently, many eligible companies lose out on substantial R&D tax credits every year. How can companies claim those tax credits and what do they need to do?

On Wednesday, October 22, 2014, Replicon & Boast Capital will host a seminar to help companies learn about SR&ED tax credit program requirements, what projects are eligible, and how Replicon’s leading cloud-based time tracking solution can reduce the burden of compliance and improve your ability to justify claims under this program.

Participants will learn how to automate and easily track labor time and costs associated with projects eligible for SR&ED and substantiate SR&ED tax credit claims to CRA reviewers with detailed documentation and reporting. SMART Technologies Senior Tax Analyst James Barnett and Replicon CFO Peter Kinash will share how companies implemented the tools and methods used by successful claimants to earn valuable tax credits in the process.

Register by October 20 to reserve your spot. See you there!

ABOUT THE AUTHOR
Replicon
Replicon provides award-winning products that make it easy to manage your workforce. With complete solution sets for client billing, project costing, and time and attendance management, Replicon enables the capture, administration, and optimization of your most underutilized and important asset: time.
Get started today.
Set up a free trial based on your business needs. Start Free Trial

Calculating the ROI of Your Projects with Time Tracking

Before initiating a project, professional services firms want to know how much profit and revenue they can generate for the company. Return on Investment (ROI) analysis helps firms to evaluate…Read More

Humanizing the Time Tracking Tool

Benjamin Franklin once said, ‘Time is money’ and nowhere is truer than in business. Time is a strategic asset that is extremely limited. Businesses that use their limited time productively…Read More

How Time Tracking Improves Bottom Line Results

Every enterprise is looking for ways to improve its bottom line and gain profit in a given time. From hiring the right talent to training their existing employees, organizations spend…Read More

Demystifying the millennial workforce: 5 tips from Trunk Club’s Andrew Anderson Devine

Time magazine labels the millennial generation the “most threatening and exciting generation,” infamous for “narcissism [and] its effect: entitlement.” In the workplace, the perception of the millennial workforce is no…Read More

Time and Attendance Orientation Guide

In a growing business, the day will eventually come when managing time and attendance on paper becomes both inefficient and risky, especially when trying to balance things like overtime, paid…Read More

Using shared services? These five technologies are a must

As organizations continue to scrutinize operating costs and look for areas to drive efficiencies, shared services centers (SSCs) are a no-brainer. The concept of a multi-function SSC has been around…Read More
  • Polaris
  • Time & Project Insights
  • Time & Projects Solutions
  • Replicon Products
  • Replicon Users
  • Cloud
  • Corporate
  • Professional Services Management
  • Shared Services Management
  • Time and Attendance Management
  • Customer Feature
  • Time Intelligence
  • Industry News
  • Global Compliance Updates
  • Others