About Us
With a wealth of technical and tax accounting experience at our disposal, Franklin CG is a leading Scientific Research and Experimental Development (SR&ED) consulting firm.
At Franklin we believe our consultants help us stand out from the crowd. Applying for the SR&ED program requires expertise in both the engineering and accounting fields.
Our team of SR&ED specialists include financial professionals and technical experts who are experts in their specialized fields.
You may be eligible to receive a substantial reimbursement. Book a 15 minute call to find out.
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Information Technology and Software Development is an ever-changing landscape with innovations and new standards emerging daily. What was new last year has become the standard today and it is sometimes difficult to assert what part of the development is “non-standard” and what is routine. Much of the potential claim eligibility in software and IT sector relates to issues with a process or the design/development of applications/products that could not be solved by “Googling”. Any type of software experimentation or the need to combine technologies that were not designed to work together to find a solution may be claimed.
Manufacturers normally engage in the physical or chemical transformation of materials or substances into new products. This includes the use or development of plastics, rubber, textiles, printing and packaging materials, electronic components, and steel. Eligible SR&ED work in manufacturing includes work done to integrate component parts not originally designed to fit or work together, blending materials in non-standard ways, or developing new materials to address a problem standard material could not solve. Additionally, reformulating or adjusting products or equipment to achieve a certain objective or simply improving a process (safety, product consistency, from manual to automated) can be claimed as SR&ED.
The SR&ED program has been a cornerstone in helping electronic design, development and manufacturing companies in Canada grow and innovate. From designing or developing different electrical components to attaching firmware and software to hardware components, it is not difficult to find project for electronic companies to claim.
Many Machining, Tool and Die or Welding companies assume that their work is strictly “standard engineering” or “one-off projects”. However, there are plenty of opportunities for these companies and machine shops to take advantage of possible SR&ED claims based on their day-to-day activities, such as optimization of the process through experiments in feeds, speeds and cutting tools and tool coatings. Developing manufacturing procedures and welding techniques. Capital improvement projects that required trial and error to get things working after installation. Developing prototypes or resolving issues in pre-production runs.
Most of the new knowledge, products and processes generated by real estate and construction corporations across Canada satisfy the requirements of the SR&ED. The work required to meet newer regulatory requirements, the design and development of equipment, tools, temporary/permanent structures, or the improvement of construction building materials (metals/alloys, glass plastic ceramic etc.) and processes are all eligible to be claimed for SR&ED.
Printing companies now experiment with replacing analog with digital plates and replacing solvent-based inks with water-based inks. This could also include adjusting previously manual or traditional printing practices to a 3D/digital environment. Implementation of new systems/ technologies, work surrounding the increase of colour consistency across print runs or testing of new print substrates can be claimed as SR&ED. Sign companies also face similar challenges but also face challenges surrounding the manufacturing of physical signs and the addition of electronic components to physical structures.
Environmental initiatives such as recycling, water purification, sewage treatment, environmental remediation, waste management, and renewable energy may be eligible if you encountered technical uncertainties and learned something new during your design development or installation phase of any project.
While agriculture and farming techniques are viewed as traditional, they offer significant opportunities to leverage SR&ED claims based on work that is considered “standard” in the industry. This could include experimentation with crop yields, growing conditions, improving harvesting efficiency, reducing methane production, as well as pest control regimes and introduction of new equipment or methods within the organization, and much more.