6 Clean Economy Investment Tax Credits tax and accounting engagements in full — what the client came to us with, what we did, and what it was worth. Each one is specific to clean economy investment tax credits work, not a general example.
Case Study 1 · Planning that cut the bill
Remuneration Review Saved $23,000 Across Corporate And Personal Returns — Agri-Tech Company, Hamilton
Client: An agri-tech company · Where: Hamilton, Ontario · Engagement: 8 weeks, fixed fee
Combined saving$23,000
ScopeCorporate + personal
Future yearsNo rework needed
The situation
Nothing was wrong at an agri-tech company in Hamilton, Ontario — the filings were on time and accurate. What they were not was planned. A provincial credit left unclaimed alongside a successful federal SR&ED claim had never been reviewed.
What we did
We put contemporaneous tracking in place — project logs tied to time records — so the following year’s claim was defensible by construction, and ran the numbers across both the corporate and personal returns so the saving was real rather than deferred into someone else's hands.
The result
$23,000 came off the combined corporate and personal tax bill, and the structure holds for future years without further work.
Case Study 2 · Cash and remittance control
$25,500 Of Working Capital Freed From The Tax Cycle — Medical Device Developer, Brampton
Client: A medical device developer · Where: Brampton, Ontario · Engagement: 7 weeks, fixed fee
Working capital freed$25,500
On-time remittancesEvery period since
Forecast horizon13 weeks
The situation
A medical device developer in Brampton, Ontario was profitable on paper and short of cash every month. Eligible development work never claimed because nobody thought it counted as research explained most of the gap.
What we did
We layered the applicable provincial credit onto the federal claim in the same filing and built a thirteen-week cash view so tax payments stopped competing with payroll for the same dollars.
The result
$25,500 was released back into working capital. Remittances have been on time every period since, and the forecast shows the tax outflow before it lands.
Case Study 3 · Records and systems rebuilt
Books Rebuilt From Source, $20,000 In Unclaimed Input Tax Found — Engineering Firm Solving a, Moncton
Client: An engineering firm solving a technical uncertainty · Where: Moncton, New Brunswick · Engagement: 9 weeks, fixed fee
Unclaimed tax found$20,000
Records rebuilt29 months
ProcessDocumented
The situation
An engineering firm solving a technical uncertainty in Moncton, New Brunswick could not answer basic questions about its own numbers, because a claim filed at the 15% non-refundable rate when CCPC status supported 35% refundable sat between the bank statements and the ledger.
What we did
We confirmed CCPC status and refiled at the enhanced 35% refundable rate, then documented the process so the work does not depend on any one person remembering how it was done.
The result
Records rebuilt and reconciled, $20,000 recovered in input tax credits that the old file could not support, and a documented monthly process now in place.
Case Study 4 · Deadline rescue
$97,000 Late-Filing Penalty Cancelled On Relief Application — Manufacturer Developing a Production, Calgary
Client: A manufacturer developing a production process · Where: Calgary, Alberta · Engagement: 6 weeks, fixed fee
Penalty cancelled$97,000
Relief applicationGranted
ReturnAccepted as filed
The situation
A manufacturer developing a production process in Calgary, Alberta had already missed one deadline and was about to miss a second. Behind it sat a filing deadline missed by three weeks, extinguishing the entire claim, and a penalty of $97,000 was accruing.
What we did
We split the work into what had to happen before the deadline and what could follow it, then identified the eligible projects, documented the technological uncertainty and systematic investigation for each, and filed a claim that survived review without adjustment.
The result
The outstanding return was accepted as filed, and the taxpayer relief application cancelled $97,000 of the penalty already assessed on the earlier year.
Case Study 5 · Objection and relief
$47,000 Of Penalties And Interest Cancelled On Relief — Industrial Automation Integrator, Surrey
Client: An industrial automation integrator · Where: Surrey, British Columbia · Engagement: 3 weeks, fixed fee
Penalties and interest cancelled$47,000
Relief groundsAccepted
AssessmentAdjusted to filed position
The situation
An assessment of $47,000 landed at an industrial automation integrator in Surrey, British Columbia following a desk review. The auditor had not seen the records behind a SR&ED claim prepared eleven months after the fact with no contemporaneous records.
What we did
We put contemporaneous tracking in place — project logs tied to time records — so the following year’s claim was defensible by construction, then set out the legislative basis for the position alongside the documents supporting it.
The result
$47,000 of penalties and interest was cancelled under the taxpayer relief provisions, and the underlying assessment was adjusted to match the filed position.
Client: A materials science company · Where: Regina, Saskatchewan · Engagement: 9 weeks, fixed fee
Annual saving$27,500
ReorganisationTax-neutral
StructureMatches operations
The situation
A materials science company in Regina, Saskatchewan was carrying a provincial credit left unclaimed alongside a successful federal SR&ED claim, and every option for fixing it ran through a reorganisation that had to be done without triggering tax.
What we did
Working with the client's lawyer, we layered the applicable provincial credit onto the federal claim in the same filing and prepared the elections, resolutions and valuations the structure needed to stand up.
The result
The structure now matches the business. Annual saving of $27,500, and the reorganisation itself was tax-neutral.
Reviewed for the 2025 tax year by Udit Gupta, Certified Tax Accountant. Figures describe representative engagements of this type; outcomes depend on your own facts. Client names and identifying details are omitted for confidentiality.
