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Qualified Alberta Pulse Growers Eligible for 25.9% Tax Credit for Investing in Research FEB 8 2023 | Producers | News Release

The Alberta Pulse Growers Commission has confirmed that 25.9% of eligible producers’ 2022 check-off payment is eligible for the Scientific Research & Experimental Development (SR&ED) tax credit for their investment in APG-funded research and development projects.

Producers who have paid check-off this past year and have not asked for refunds are eligible claimants for this year’s credits.

For more detailed information about the SR&ED Tax Credit, APG advises you to contact an accountant or the Canada Revenue Agency.  For a history of SR&ED with Alberta Pulse Growers visit https://albertapulse.com/growing-pulses/sred-tax-credit/ . A summary of APG research investments in 2021-22 is available at https://albertapulse.com/research/.

The federal SR&ED tax program is administered by the Canada Revenue Agency (CRA) and encourages businesses to invest in and perform research and development in Canada.

The SR&ED Tax Credit application forms for individual producers and Canadian controlled private corporations can be downloaded directly from the CRA website at https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program/claim-sred-tax-incentive-how-claim.html .

The Alberta Pulse Growers Commission represents 5,400 growers of field pea, dry bean, lentil, chickpea, faba bean and soybean in Alberta. Our vision is to have pulses on every farm, on every plate.

For more information, please contact:
Rachel Peterson, Communications Coordinator
Phone: 780-986-9398 ext. 108
rpeterson@albertapulse.com
www.albertapulse.com