Medical Research Qualifies for SR&ED
Medical research and development in a wide range of scientific activities is SR&ED eligible:
- Development of treatment protocols and therapies
- Clinical trials of drugs and devices
- Invention and development of medical devices
- Fundamental science
Medical practitioners earning a clinical income and conducting research can increase their income with the SR&ED program.
SR&ED claims can be easy and efficient. Let our experienced associates do the work, allowing you to focus on your clinical and research activities. Our streamlined systems to simplify the SR&ED process and minimize your time investment – we are paid only on results.
We are recognized experts at recovering SR&ED funds for clinician researchers. We assist physicians and their accountants to build advantageous corporate tax strategies. We have completed over 70 SR&ED claims for medical professionals, totalling over $3 million in refunds.
We achieve high client satisfaction and retention by recognizing “unseen” claims, sending monthly tracking reports and offering competitive fees from the outset.
Contact us now to find out how your colleagues are claiming SR&ED refunds.
Calculate the value of your claim.
Testimonials
“Goulet Associates has been a pleasure to work with, very adept at compiling the technical medical descriptions. Maurice kept my accountant and myself informed throughout the approval process and all went very smoothly. “
Brett Heilbron, MD FRCPC, Dr. Brett Heilbron Inc.
“Goulet Associates are highly qualified, professional and very effective in delivering funding. I will continue to recommend them to my colleagues.”
Andrew Ignaszewski, MD, FRCPC, FACC, Andrew Ignaszewski MD Inc.
“After 4 successful claims, I do not hesitate to recommend Goulet Associates to my physician colleagues.”
Tom Elliott, MD FRCPC, ThePatientClinic.ca
Medical SR&ED FAQ
- Can a corporate structure involving pooled revenues and group responsibilities be eligible for SR&ED?
Having a complicated corporate structure simply means you need a SR&ED expert. Upon review, we are often able to define or, if necessary, create the financial ‘path’ to your SR&ED expenses and thus, make your company SR&ED eligible.
- My company and I do R & D, however, our efforts are paid from various sources such as universities, pharmaceutical companies, government grants/subsidies and the like; is my company SR&ED eligible if they are involved?
Having external parties pay for R&D does not necessarily exempt a company from being SR&ED eligible. Being clear about financial structures uncovers opportunities and avoids “double-dip” issues.
In most cases individual doctors make claims based on wages payed out by their professional corporations. The SR&ED claims are made by the incorporated company and not the individual.