Investment Tax Credits – SR&ED

One of the many Investment Tax Credits offered to businesses is for SR&ED expenditures – Scientific Research and Experimental Development. These tax credits are intended to encourage research and development in many different sectors and are available to all sizes of business, not just large corporations. Even sole proprietors can claim them. Making a successful claim for SR&ED can result in refunds of as much as 35% of the amount spent on qualified expenditures. … to read more, download: SR&ED

Capital Gains

The majority of taxpayers only encounter capital gains in two possible scenarios: (1) they sell mutual funds, shares or bonds as part of their investment portfolio or (2) they sell a cottage. The taxpayers must pay income tax on the gain they realized – the difference between the selling price and the amount they paid to acquire the capital property. … to read more, download: Capital Gains