Scientific Research and Experimental Development (SR&ED) is a government incentive program designed to encourage Canadian Corporations to advance technology. The SR&ED Program provides claimants cash refunds and / or tax credits for their expenses on eligible R&D work conducted in Canada.
SR&ED Eligibility Requirements
• SR&ED project must contain:
• Scientific or technological advancement
• Scientific or technological uncertainty
• Scientific and technical content
Non-SR&ED Activities:
• Market research or sales promotion
• Quality control or routine testing
• Social science or humanities research
• Prospecting, exploring, producing, or drilling
• Commercial production or commercial use
• Style changes
• Routine data collection
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit. It is available to corporations that develop interactive digital media products in Ontario. The Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system.
For the purposes of the OIDMTC, an Interactive Digital Media product has the primary purpose to educate, inform, or entertain, and achieves its primary purpose by presenting information in at least two of: (i) text, (ii) sound and (iii) images. Types of interactive digital media products that may be eligible for the tax credit include but are not restricted to games, educational and informational products.
Eligible OIDMTC Products
- Digital Games
- Digital Surveys /Questionnaires
- Web Application
- Mobile Appllications
-CD/DVDs
- Etc.
Non-Eligible OIDMTC Expenditure:
- Tools
- Memberships
- Training
-Equipment
Non-Eligible OIDMTC Products
- Cannot be more than 50% Interpersonal Communication / Social Networks
- Operating System Software/data base/word pressing/spreadsheet
- Products where user does not have control over outcome (Eg: DVD Menu)
- Cannot be over 50% promotional
- Product not developed for Sale or License
- Not intended to be used by individuals (Eg: Machinery)
- Cannot have public financial support
-Non-Ontario development labour
CTAP provides SR&ED and OIDMTC consulting in CTAP is based in the Greater Toronto Area and works with clients throughout Ontario, from Ottawa and Cornwall, to Sarnia and Windsor (Tecumesh, LaSalle, Lakeshore), to Thunder Bay. We offer standard delivery to all Ontario cities including St. Catharines, Niagara Falls, Welland, Burlington, Hamilton, Oakville, Milton, Mississauga, Port Credit, Georgetown, Brampton, Bramalea, Etobicoke, Toronto, Willowdale, North York, Scarborough, Woodbridge, Maple, King City, Concord, Richmond Hill, Markham, Unionville, Stratford, Oshawa, Whitby, Clarington, Acton, Erin, Kitchener, Waterloo, Cambridge, Guelph, Brantford, Brant, Brockville, Woodstock, Barrie, Carp, Innisfil, Midland including Tay and Penetanguishene, Orillia, Ramara, Leamington including Kingsville, Sudbury, Chatham, Kent, London, Kingston, Nepean, South Frontenac, Peterborough including Smith-Ennismore-Lakefield, Belleville, Cornwall, North Bay, Sault Ste. Marie, Kawartha Lake, Muskoka, Norfolk, Timmins, Owen Sound, and many more. If you have any questions about SR&ED or OIDMTC, call one of our
SR&ED Eligibility Requirements
• SR&ED project must contain:
• Scientific or technological advancement
• Scientific or technological uncertainty
• Scientific and technical content
Non-SR&ED Activities:
• Market research or sales promotion
• Quality control or routine testing
• Social science or humanities research
• Prospecting, exploring, producing, or drilling
• Commercial production or commercial use
• Style changes
• Routine data collection
The Ontario Interactive Digital Media Tax Credit (OIDMTC) is a refundable tax credit. It is available to corporations that develop interactive digital media products in Ontario. The Canada Revenue Agency (CRA) administers the program on behalf of Ontario through the federal income tax system.
For the purposes of the OIDMTC, an Interactive Digital Media product has the primary purpose to educate, inform, or entertain, and achieves its primary purpose by presenting information in at least two of: (i) text, (ii) sound and (iii) images. Types of interactive digital media products that may be eligible for the tax credit include but are not restricted to games, educational and informational products.
Eligible OIDMTC Products
- Digital Games
- Digital Surveys /Questionnaires
- Web Application
- Mobile Appllications
-CD/DVDs
- Etc.
Non-Eligible OIDMTC Expenditure:
- Tools
- Memberships
- Training
-Equipment
Non-Eligible OIDMTC Products
- Cannot be more than 50% Interpersonal Communication / Social Networks
- Operating System Software/data base/word pressing/spreadsheet
- Products where user does not have control over outcome (Eg: DVD Menu)
- Cannot be over 50% promotional
- Product not developed for Sale or License
- Not intended to be used by individuals (Eg: Machinery)
- Cannot have public financial support
-Non-Ontario development labour
CTAP provides SR&ED and OIDMTC consulting in CTAP is based in the Greater Toronto Area and works with clients throughout Ontario, from Ottawa and Cornwall, to Sarnia and Windsor (Tecumesh, LaSalle, Lakeshore), to Thunder Bay. We offer standard delivery to all Ontario cities including St. Catharines, Niagara Falls, Welland, Burlington, Hamilton, Oakville, Milton, Mississauga, Port Credit, Georgetown, Brampton, Bramalea, Etobicoke, Toronto, Willowdale, North York, Scarborough, Woodbridge, Maple, King City, Concord, Richmond Hill, Markham, Unionville, Stratford, Oshawa, Whitby, Clarington, Acton, Erin, Kitchener, Waterloo, Cambridge, Guelph, Brantford, Brant, Brockville, Woodstock, Barrie, Carp, Innisfil, Midland including Tay and Penetanguishene, Orillia, Ramara, Leamington including Kingsville, Sudbury, Chatham, Kent, London, Kingston, Nepean, South Frontenac, Peterborough including Smith-Ennismore-Lakefield, Belleville, Cornwall, North Bay, Sault Ste. Marie, Kawartha Lake, Muskoka, Norfolk, Timmins, Owen Sound, and many more. If you have any questions about SR&ED or OIDMTC, call one of our