SR&ED Claim Creation Process
1 – 4 hours
Meet your SR&ED Analyst. Discuss qualifying projects. Provide financial documentation to your Analyst such as financial statement, T4s, T4As, and relevant materials invoices.
Analyst prepares draft technical and financial reports.
We provide access to and training on SR&ED Proof.
2 – 4 weeks
meeting or conference call
Analyst asks for samples of qualifying financial and technical evidence
Discuss or confirm technical details of the project. Confirm project expenses.
Analyst finializes financial and technical reports and sends it to you for approval
1 – 2 Weeks
Review and approve reports and claim value.
Analyst prepares government claim forms and obtains your signature.
Sign official tax and consent forms.
Claim is submitted to your accountant or to CRA directly
CRA returns an opinion on the claim, either AAF or audit.
CRA issues NOA or FTCAS letter.
Your SR&ED application has been approved.
Bond provides detailed reconciliation to show you the tax credits applied to your corporate account.
CRA issues Refund
RFI is issued by CRA.
Bond works with you to respond to request for Information.
CRA initiates a full technical and/or financial audit.
Bond prepares you, and we are there to represent you.
3 – 6 Months