Case Study

A Retail Sector SR&ED Tax Credit Case Study : $64,000 Tax Credit Claim for Innovators

    • Dec 04, 2023
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Image depicting a Quebec-based retail company claiming a $64,000 SR&ED tax credit for their innovative children's product

About the client

*The example provided may differ from your claim request.

  • electric_bolt
    Sector


    Retail

  • location_on
    Province


    Quebec

  • receipt_long
    Program


    SR&ED Tax Credit (3years)

  • paid
    Credit Received


    $64,000*

How we helped the client?

Located in Quebec, this company is a well-known brand established in Canada, the USA, and worldwide. They create sustainable products that simplify parents’ and children’s life. Their main objective focused on product innovation and using an original approach to bring confidence and security to parents of young children.

Their company, a first-time claimant, was initially unaware of the program and their eligibility for it. Our Innovation Funding Consultant assisted them in structuring their SR&ED claim, ensuring alignment with CRA guidelines, and ultimately helped them claim $64,000.

Work with Leyton’s team of experts to maximize your claim

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