View Original Article

How government tax credits help companies grow through challenging times

April 18, 2019 1:00 AM
BOE Report Staff

SR&ED tax credits are a major competitive advantage for oil and gas companies. SR&ED is Canada’s largest industrial innovation program, returning from 15% to 41.5% of eligible costs for activities that advance technology or scientific understanding. These tax credits can help to finance innovation and growth. If your energy company has not previously evaluated SR&ED, you may be overlooking a major cost-saving opportunity. SR&ED is a low-risk program that allows companies to recoup costs, drive innovation, and maintain a competitive advantage.

At JD Consulting, we have 15 years experience in preparing SR&ED claims for companies in the oil industry, with a high success rate. To determine if your projects qualify for the SR&ED tax credit, please contact us for a free assessment.

Joseph Dahan B.Sc.,
President JD Consulting
Tel: 403-969-0850
Email: jdahan@shaw.ca

Sign up for the BOE Report Daily Digest E-mail Return to Home