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

Projects that qualify for SR&ED tax credits in Canada involve systematic investigation or search carried out in a field of science or technology through experimentation or analysis. This includes basic or applied research aimed at advancing scientific knowledge, and experimental development intended to create new, or improve existing, materials, devices, products, or processes. Projects must aim to resolve technological uncertainties where the outcomes aren’t readily deducible by a professional in the field. Work related to engineering, design, operations research, mathematical analysis, computer programming, data collection, testing, and psychological research, if it supports the SR&ED projects, may also qualify.

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.

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.

To apply for clean technology tax credits, companies need to provide detailed project proposals, financial statements, proof of expenditures related to clean technology, and sometimes results of environmental impact assessments. Documentation proving the technology’s compliance with government-defined clean technology criteria is also necessary.

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.

Projects that qualify typically include interactive digital media products that are interactive and either educational, informative, or entertainment-focused. This includes video games, interactive websites, and educational software, but excludes projects primarily for advertising or promotional purposes.

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