Ottawa, November 2, 2005 . . . In a continuing effort to assist companies in identifying and managing their R&D claims, CATAAlliance has announced major updates to its SR&ED Tax & Finance Centre.
This on-line service, developed in partnership with Deloitte & Touche, allows CATA members to gain valuable information about SR & ED tax incentives. Businesses receive around 2 billion plus dollars annually from Canada's SR & ED program as support for their innovation. The software and communication sectors are among the leading beneficiaries.
Users benefit from a number of key resources, including:
CATAAlliance Senior Director, Russ Roberts said, "Our SR&ED Tax Credit Centre provides companies with the resources that they need to file better claims and use the SR&ED program most effectively."
Roberts added, "As the pace of business accelerates and competition increases, sometimes overlook this source of cash because they lack the time, resources or expertise needed to identify and manage R&D tax claims."
CATAAlliance continues to use its network of high-profile contacts for this initiative and regularly consults with top experts in the industry. Such substantiation ensures that members are getting the most accurate information available.
CATA President, John Reid, noted that, "CATAAlliance will also be canvassing its members for their comments and opinions on how well the SR&ED tax credit program is working as part of advancing CATA's Industry's Growth platform."