We understand the specialized markets in which you operate and provide tailored solutions to meet your unique business needs.
Our comprehensive suite of business services combines industry expertise, market knowledge and professional insights.
MNP is a leading national accounting, tax and business consulting firm in Canada.
Suite 2000, 330 5th Ave. S.W.
Submit an RFP
MNP careers are Different by Design. As an entrepreneurial firm, we truly believe there are no limits to where your career can go.
Applying for tax credits through the SR&ED program is easy when teaming up with members of MNP’s SR&ED Services team. Over the past decade we have been successful in helping medical doctors make both individual and group-level SR&ED claims. These claims are put together by a team of experts including scientists well versed in medical research and designated SR&ED tax experts.
The process begins with a conversation between yourself and MNP’s Medical SR&ED team. At this juncture, MNP would provide a no cost preliminary assessment as to the extent of R&D conducted and eligibility of the R&D for the SR&ED tax credit in efforts of assessing the full potential available from SR&ED benefits. Upon completion of this assessment, our SR&ED team will negotiate an agreement with you. Often the agreements are contingent upon the ultimate success of the SR&ED claim so there is no up-front cost to carry on. MNP then review arrangements between yourself and affiliated organizations, ensuring the appropriate structures are in place for you to maximize your access to the SR&ED tax credit. MNP’s team of scientists would then engage with the medical researcher (yourself) in an effort to obtain details of the R&D conducted and develop methodology to support the R&D claim with contemporaneous documentation and an in-depth analysis of how time was spent on the R&D in relation to your regular work hours. Concomitantly, MNP’s SR&ED tax-experts would liaise with your accountant(s) to obtain financial information that would be required to support your claim. At this point, MNP would begin preparing your SR&ED application by creating concise reports summarizing any eligible R&D undertaken and analyzing the related expenditures in order to complete the required tax forms. If follow up with the CRA is required after the original claim submission, MNP’s medical SR&ED team will ensure it is performed in a timely and beneficial manner. By billing on a contingency basis MNP does not seek any compensation for work performed unless a claim is successfully processed, thus ensuring that our interests fully align with yours.
This comprehensive strategy minimizes the time a claimant needs to spend in preparing their claim, putting it in the hands of those who understand how to efficiently construct a claim while guiding you through the CRA review process.
Related Topics:Scientific Research and Experimental Development
Suite 2000, 330 5th Ave. S.W.
Find an office near me