SR&ED: How Dovico Timesheet Helps With Innovation Funding

Innovating is a risky proposition. Organizations looking to break through their industry can incur some costly bouts of trial and error. To ease those barriers to innovation, the Canadian government has a program available called the Scientific Research and Experimental Development Tax Incentive Program or SR&ED; some people even call it”SHred“. What is SR&ED? On average $4 billion in tax relief or credits are given annually to over 24,000 Canadian organizations in almost every conceivable…