SR&ED, Cleantech and Digital Media Tax Credits

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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

Industries such as renewable energy, waste management, water treatment, and sustainable agriculture often benefit the most from clean technology tax credits due to their direct involvement in environmental conservation and energy efficiency.

Required documents usually include a detailed business plan, financial statements, budget projections, and personal identification. Specific grants may also require additional documents, such as proof of business registration, patents, or proof of sector-specific certifications.

Yes, in many cases, clean technology tax credits that cannot be fully utilized in the current tax year can be carried forward to future tax years. Some programs also allow credits to be carried back to previous tax years, but this is less common and depends on the specific rules of the tax credit program.

Under Canada’s SR&ED (Scientific Research and Experimental Development) program, businesses can claim various expenses including salaries and wages, materials consumed or transformed in R&D, third-party payments to contractors for R&D work, and overhead costs directly related to R&D activities. Additionally, certain capital expenditures may also qualify. Capital equipment such as machinery and equipment used in SR&ED cannot be claimed. It’s important for businesses to maintain detailed records to substantiate these expenses as part of their SR&ED tax credit claims. This program aims to encourage businesses to undertake research and development that will lead to new, improved, or technologically advanced products or processes.

Yes, startups and small businesses can significantly benefit from clean technology tax credits. These credits can help offset the high costs associated with developing and implementing clean technologies, making them more accessible and feasible for smaller companies.

Yes, you can claim SR&ED if you are using subcontractors, but there are specific rules. For work performed in Canada, you can include payments to subcontractors in your SR&ED expenditures. However, the amount you can claim may be reduced depending on the relationship between your business and the subcontractor and whether the subcontractor is a Canadian resident. It’s important to ensure that the work performed by subcontractors directly relates to your SR&ED project and adheres to all applicable CRA guidelines. Proper documentation and clear delineation of the work related to SR&ED activities are crucial to support your claim. Always consult with a SR&ED specialist to ensure compliance and maximize your claim.

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