GrowWise Continues Partnership with Communitech: Support in Simplifying SR&ED Funding
GrowWise is proud to continue the partnership with Communitech to support the ecosystem in simplifying SR&ED tax credits.
Better and faster technical interviews
More convenient scheduling and faster claim preparation
Less expensive than EY, Deloitte, KPMG, PWC, MNP, RSM, GT or BDO
Larger claims with less effort for your team
Supervised-AI platform combines the power of AI with our teams experience filling thousands of successful SR&ED claims to reduce the risk of audit.
If you had a poor result with other consultant, we have the successful track record and expertise to defend your claim.
Faster claim preparation results in a faster refund to improve cash flow
We have unlimited resources to accommodate your timeline
No need to complete forms, revise multiple times and do all the work
We remember every detail from one year to the next
A combination of human-AI power results in best in class claim preparation
Submit as many projects as needed to maximize SRE&D refunds
Efficient collection of supporting documentation to defend the work
Deep understanding of CRA policies and tax credit rules
We specialize not only in SR&ED Tax Credits, but also Cleantech, Digital Media, and others
Our advisors ensure you aren't leaving any money on the table
We are your strategic partners, dedicated to unlocking the full financial potential of your tax credits
Our proprietary system ensures you receive the best service with the largest most accurate SR&ED claim.
Our team has the most experience filing interactive digital media tax credit claims. Combined with SR&ED you will maximize your government incentives.
Want to work with the experts to get your share of $80B in cleantech tax credits. We have the tools to simplify and maximize your cleantech tax credits.
We advise and support companies applying for many grants. Our tools help you pair the best grants for your business to maximize government assistance. We've build and sold businesses, financed hundreds of companies and provided consulting services for thousands. Just ask!
The processing time for an application can vary, but it generally takes several months. The complexity of the project, the completeness of the application, and the current workload of the reviewing agency can all affect processing times.
Clean technology tax credits reduce the overall tax liability by providing deductions or credits against taxes owed. In some cases, if the credits exceed the taxes due, they may be refundable or carry forward to future tax years to offset future tax liabilities.
To determine if your project is eligible for SR&ED assess whether it involves systematic investigation or experimentation aimed at advancing science or technology. Key criteria include:
Document your hypotheses, experiments, results, and failures to support your claim. Review the CRA’s eligibility guidelines or consult with a SR&ED professional to ensure your project meets the criteria.
The SR&ED claim process in Canada involves several key steps. First, businesses identify projects and expenditures that qualify under SR&ED criteria, which include systematic investigation and technological advancement. Next, they document their research activities and related expenses. Companies then complete and submit Form T661 along with their tax return, providing technical reports that describe their projects and expenditures. Supporting documentation, such as payroll records, contracts, and project notes, should also be prepared in case of a review by the CRA (Canada Revenue Agency). After submission, the CRA reviews the claim, which can lead to queries for further clarification before final approval and issuance of tax credits or refunds.
Yes, software development costs can qualify for SR&ED tax credits if the development involves technological advancements or solves technological uncertainties. Routine software development, such as debugging or minor updates, does not qualify, whereas developing new algorithms or novel data processing techniques might.
Several resources are available to help businesses with SR&ED claims. The Canada Revenue Agency (CRA) provides comprehensive guides, eligibility criteria, and application forms on its official website. Additionally, specialized SR&ED consultants and tax advisory firms can assist in preparing and submitting claims. For hands-on assistance, numerous workshops and webinars are available, often hosted by industry associations or innovation hubs. Businesses can also leverage software tools designed specifically for SR&ED documentation and claim tracking to streamline the process. Finally, regional economic development agencies, such as Ontario’s, and local business centers often offer support and guidance on SR&ED and other tax incentives.
GrowWise is proud to continue the partnership with Communitech to support the ecosystem in simplifying SR&ED tax credits.
Is SR&ED worth it for your startup? Learn when Canadian startups benefit most from SR&ED and when the time and effort may outweigh the refund.
Hiring in 2026? Learn how to maximize SR&ED with new employees, understand eligibility rules, and avoid common mistakes as your team scales.