We take a quick look at eligible support work for the scientific research and experimental development tax credit program in Canada. The definition of eligible support work – shown here – is found in the definitions subsection of Canada’s Income Tax Act. Paragraphs A, B, and C describe the basic kind of work that’s eligible.
SR&ED What isn't eligible?
What emerges is that the words used leave a great deal of room for interpretation.
What About Penalties? | Confident Retirement with Michael Sams
If you’re approaching retirement, questions like this can feel confusing — and the wrong decision can have long-term consequences. In this video, we walk through this topic in plain English so you can understand your options and avoid costly mistakes.