The Scientific Research and Experimental Development (SR&ED) Program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. The program is administered by the Canada Revenue Agency (CRA), which delivers SR&ED tax incentives and requires the preparation of claims to be in compliance with Canada’s tax laws and the CRA’s policies and procedures.
It is the mission of Infinite Jib™ Inc. to continually research the advancements of our industry and develop systems that empower our customers with superior decision making information. As such, our research and development work has been eligible for this incentive. To assist us with our application process, we engage TM Consultants. Operating since 2002 across Ontario, Alberta, Manitoba and Saskatchewan, TM Consultants have worked with a number of survey companies as clients. According to TM Consultants’ company owner Dr. Igor Davydov, it is very likely that once a company purchases a UAS there may be a need to adjust internal processes and equipment which subsequently may be claimed for a SRED rebate.
To get more information about a SRED claim you can contact them at: