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

In some provinces, Digital Media Tax Credits are fully or partially refundable. This means that if the credit amount exceeds your company’s tax liability, the excess can be received as a cash refund, providing a direct financial benefit regardless of profitability.

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:

  1. Technological Uncertainty: You’re addressing unknowns that can’t be resolved through standard practice.
  2. Technological Advancement: The project seeks to generate new knowledge or improve existing technology.
  3. Systematic Investigation: The approach is methodical and follows a hypothesis or objective testing.

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 tax credits can significantly fund your business by offsetting R&D costs through tax relief or refunds. To leverage SR&ED credits, identify projects that involve technological advancement or address scientific or technological uncertainties. Document all qualifying expenditures, including salaries, materials, and third-party payments. Submit a detailed SR&ED claim with your tax return, outlining your R&D activities and expenses. Successful claims can result in either reduced tax liability or cash refunds, providing critical funding to reinvest in further R&D or other areas of your business. Consider consulting with an SR&ED specialist to optimize your claim and ensure compliance.

More information and assistance can be found on websites of federal and provincial government agencies responsible for environmental and energy regulations. Consulting with tax professionals who specialize in clean technology or environmental credits is also highly beneficial.

The time it takes to receive a Digital Media Tax Credit can vary from a few months to over a year, depending on the province and the complexity of the application. Processing times can be longer if the application requires additional review or if it was submitted close to the program’s deadline.

More information can be found on the official websites of provincial government departments responsible for finance or digital media, as well as through local economic development agencies or professional tax advisors specializing in media or technology sectors.

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