Many businesses operating in the field of information technology were only claiming the SR&ED tax credit. Although very interesting for many reasons, this tax credit is however not the most beneficial for businesses that are working towards the development of softwares that aim at improving the business processes of their clients.
Thanks to the helpful advice from the AVINOVA team, several companies are now in a position to claim over 400,000$ each with the TCEB in Québec, as well as compiling the SR&ED at the federal level. In addition, our experts have maximized their clients’ tax returns by finding various subsidies for hiring and training purposes. Furthermore, AVINOVA has been able to assist these businesses in the sale process of their ERP softwares by finding subsidies that would reduce the price of the product for their potential buyers.