The SR&ED (Scientific Research and Experimental Development) program is a powerful tool for life sciences companies, offering tax incentives to support research and development (R&D) activities. In this blog, we’ll discuss how life sciences companies can take advantage of SR&ED to fuel innovation and accelerate product development.
- Eligible R&D Activities: What types of R&D activities in biotechnology, medical technology, and pharmaceuticals are eligible for SR&ED tax credits.
- Claiming SR&ED: A step-by-step guide to ensure your life sciences company qualifies for SR&ED incentives, from identifying eligible activities to submitting a claim.
- Maximizing Benefits: Tips on how to maximize your SR&ED claims to reduce R&D costs and reinvest in innovation.
- Case Study: A real-life example of a life sciences company that leveraged SR&ED to advance its research and product development.
