SR&ED tax credit consulting
Helping Canadian innovators claim the SR&ED credits they’ve earned
Preston Hill Consulting Group helps businesses identify eligible research and development work, document it properly and prepare Scientific Research and Experimental Development (SR&ED) claims — with minimal disruption to your team.
Serving businesses across Canada · Technical and financial expertise under one roof
The program
What is SR&ED?
The Scientific Research and Experimental Development program is a federal tax incentive administered by the Canada Revenue Agency. It encourages businesses of all sizes to carry out research and development in Canada.
What qualifies
Work that tries to resolve a scientific or technological uncertainty through systematic investigation or experimentation. It often happens in the everyday course of building new products, processes or materials — not only in a lab.
What can be claimed
Eligible expenditures can include the salaries of the people doing the work, materials consumed in experimentation, and qualifying contract work performed in Canada.
How the benefit works
Claims earn investment tax credits that reduce taxes payable. Many Canadian-controlled private corporations can receive part of their credits as a cash refund, and provincial credits may also apply.
Services
End-to-end SR&ED claim support
From the first eligibility conversation to a review by the CRA, we handle the technical and financial work of your claim.
Eligibility assessment
We review your projects with your technical team to identify the work most likely to qualify — and tell you plainly where a claim isn’t worth pursuing.
Technical project descriptions
We interview the people who did the work and write clear technical narratives describing the uncertainties, the experimentation and the advancements achieved.
Financial claim preparation
We identify eligible labour, materials and contract costs, prepare the supporting calculations and complete the SR&ED claim forms for filing with your tax return.
Documentation practices
We help you put simple, year-round record-keeping in place, so evidence of your R&D is captured as the work happens rather than reconstructed later.
CRA review support
If the Canada Revenue Agency reviews your claim, we prepare you for the review, organize the supporting evidence and take part in meetings with the reviewers.
Provincial R&D credits
Where your province offers its own research and development incentives, we include them in your claim strategy.
Our approach
A clear process, built around your team’s time
- 01
Introductory conversation
We learn about your business, your development work and your fiscal year-end.
- 02
Eligibility review
We identify qualifying projects and give you an honest assessment before any claim work begins.
- 03
Technical interviews
Short, focused conversations with the people who did the work. We do the writing.
- 04
Claim preparation
We prepare the technical and financial sections, review them with you and finalize them for filing.
- 05
Filing and follow-up
We coordinate with your accountant and stay available if the CRA has questions.
Who we work with
Innovation happens in every industry
If your team is solving technical problems that don’t have a known answer, you may be doing SR&ED — even if you’ve never thought of it as research.
- Software and IT
- Manufacturing
- Engineering services
- Life sciences
- Agri-food
- Clean technology
- Electronics and hardware
- Advanced materials
About us
About Preston Hill Consulting Group
Preston Hill Consulting Group is a Canadian consulting firm focused on SR&ED. We combine technical understanding with tax expertise to prepare claims that are complete, well supported and defensible.
Accuracy first
We claim what the work supports. Well-documented claims move through review more smoothly.
Minimal disruption
Your team spends its time in brief interviews, not on paperwork.
Clear communication
You’ll always know what we’re claiming, why, and what happens next.
FAQ
Common questions
Don’t see your question here? Ask us through the contact form below.
How do we know if our work qualifies?
If your team faced technical problems that couldn’t be solved with standard practice or readily available knowledge, and worked through them by testing and iterating, some of that work may qualify. An eligibility review is the most reliable way to find out.
Does our company need to be profitable to benefit?
Not necessarily. Many Canadian-controlled private corporations can receive part of their SR&ED credits as a refund even without taxable income. The outcome depends on your corporate structure and circumstances.
Is there a deadline to file?
Yes. SR&ED claims must be filed within a fixed period after the end of your tax year, and late claims are not accepted. We track your deadlines so nothing is missed.
What records will we need?
Usually project records such as plans, test results, design notes, code history or lab notebooks, along with payroll and cost information. We’ll tell you exactly what is useful for your claim.
Do you work with our accountant?
Yes. We coordinate with your accountant so the SR&ED claim fits smoothly into your corporate tax filing.
Contact
Let’s talk about your R&D
Tell us a little about your company and your development work, and we’ll be in touch.
- Where we work
- Serving businesses across Canada
- What to include
- Your industry, the kind of development work you do and your fiscal year-end.