The impact of wage subsidies on your tax credits
Canada Emergency Wage Subsidies (CEWS, CRHP, THRP, HHBRP). For each employee eligible to the SR&ED tax credit for whom you have received Canada Emergency Wage Subsidies, a reduction of eligible wages will have to be calculated. This deduction will reduce your tax credits proportionally to the time spent, during the subsidized period, by your employees on eligible projects. For further…