Braithwaite Canada has outlined some eligible R&D activities in the pharmaceutical and medical device industries for companies to become more familiar with when determining their SR&ED projects.
General Pharmaceutical-based R&D activities that may be eligible:
Areas in the Medical Devices Industry where R&D activities may be eligible:
Expenditures can include wages, third party contractor cost, materials, machinery, equipment, and overheads.
Interested in estimating your R&D credit/refund?
Braithwaite Canada can assist you in obtaining tax credits for scientific research and experimental development activities. Whether your work involves basic research, applied research, or experimental development, Braithwaite can take the uncertainty out of the filing process and get you the credit you deserve for your innovation.
For a detailed evaluation of the pharmaceutical & medical device industries, please contact the professionals at Braithwaite.
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