SR&ED, Cleantech and Digital Media Tax Credits

Speed ● Simplicity ● Savings
Innovation Accelerated

SR&ED, Digital Media and Cleantech Tax Credit Consulting

Revolutionary SR&ED Consulting

Convenience

Why GrowWise?

Tax Credit Consulting Best Value

Best Value

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

Audit Defense with AI

Audit Defense

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.

Get your tax credits faster

Get Your Tax Credits Faster

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

Optimized SR&ED Claims

Optimized SR&ED Claims

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

SR&ED return preparation

Maximize your Tax Credits

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 Services

SR&ED

Our proprietary system ensures you receive the best service with the largest most accurate SR&ED claim.

Digital Media

Our team has the most experience filing interactive digital media tax credit claims. Combined with SR&ED you will maximize your government incentives.

Cleantech

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.

Grants, Accounting and Advice

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!

Frequently Asked Questions

Yes, the deadline for applying for Digital Media Tax Credits varies by province but generally aligns with fiscal or tax reporting deadlines. It is important to apply within the deadlines set by the provincial authority managing the tax credit program, typically requiring applications to be submitted within 18 months of the fiscal year-end in which the eligible expenses were incurred.

Misusing grant funds can lead to severe consequences, including repayment of the funds, exclusion from future grants, and legal action. It is crucial to adhere strictly to the terms and conditions specified by the grant program.

  1. Clean Electricity Investment Tax Credit: Budget 2023 proposes a 15% refundable tax credit for eligible investments in non-emitting electricity generation systems, abated natural gas electricity-fired electricity generation, stationary electricity storage systems, and equipment for the transmission of electricity between provinces and territories.
  2. Clean Technology Manufacturing Investment Tax Credit: This credit provides a 30% refundable tax credit for investments in machinery and equipment used to manufacture or process key clean technologies, as well as extract, process, or recycle certain critical minerals essential to clean technology supply chains.
  3. Clean Hydrogen Investment Tax Credit: The Clean Hydrogen Investment Tax Credit, announced in the 2022 Fall Economic Statement, offers varying support levels (15% to 40% of eligible project costs) for hydrogen projects, with the cleanest hydrogen receiving the highest levels of support.
  4. Enhancing the Carbon Capture, Utilization, and Storage (CCUS) Investment Tax Credit: CCUS technologies capture carbon dioxide emissions for storage or use in industrial processes. Budget 2023 expands the Investment Tax Credit for CCUS to cover additional equipment and includes dedicated geological storage projects in British Columbia.

These tax credits aim to promote clean technologies, drive economic growth, and contribute to a more sustainable future in Canada

Tax credits provide a dollar-for-dollar reduction of your income tax liability, while tax deductions reduce the amount of your income subject to tax. Credits are generally more beneficial than deductions because they directly reduce taxes owed rather than just reducing taxable income.

Yes, there are specific grants aimed at supporting businesses owned by women, Indigenous people, and other minority groups. These grants often aim to foster diversity and inclusion in various industries by providing financial support and resources.

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.

Recent Insights

2025 SRED changes

A Practical Guide to the 2025 SR&ED Changes

The 2025 federal budget introduces major improvements to Canada’s SR&ED program, doubling refundable credits, expanding eligibility and restoring capital expenditure claims. These updates give founders, CFOs and technical leaders significantly

Read More »

GrowWise Shorts

6 Videos

Determine Your Project's SR&ED Eligibility

For Free

It will blow your mind