• Company : Précision Chomedey Inc
• Activity :Spare Parts Machining
• Address : 2571, boul. Chomedey, Chomedey Laval (Quebec) H7T 2R2
• Workforce : 15 employees
• Annual revenue : Between $2.5 and $3 million CAD
• Service provided : SR&ED tax credit
• Testimonial by Mr. Denis D’Amours, Quality Controller

Our company and the challenges it faces

“Precision Chomedey, which was founded in 1968, specializes in the machining of parts in various metals and plastics.
As the preferred supplier of several industries, the company has high-technology equipment to meet the most stringent standards set by its clients.
Its R&D policy primarily focuses on applied research work.”

A Complex Claim Procedure

“Such an action required a thorough understanding of the system. The main difficulty lay in the eligibility of the projects we had selected. The numerous formalities involved in the procedure had wasted our time and resources.”

Solutions

Calling on a Specialized Firm

“The consultant quickly carried out a comprehensive assessment of our situation, taking into account our sectorial characteristics, working methods and the nature of our R&D projects. During this stage, he showed excellent training skills and provided us with operational tools to monitor our projects and related expenditures.”

High Expertise, Strong Customer Focus

“We appreciated his high level of technical expertise along with undeniable human qualities. He was able to establish close relations with our R&D department while minimizing the mandate time with technicians and engineers. His operational excellence and scientific skills made it possible to select the projects most likely to be eligible for the tax credit among those we had originally chosen, and to add other projects to the list as well. Following this stage, the consultant quickly prepared the appropriate forms and technical report for the Canada Revenue Agency.”

Benefits

An Optimized Claim and a Clear and Detailed Report

“After our application documents were sent, we received a positive response from the Canada Revenue Agency. The amount of the SR&ED tax credit was significant. The selected projects were the subject of a detailed report providing tangible evidence to substantiate the SR&ED work performed and expenditure incurred. The vast amount of information it contains constitutes a valuable history of our R&D activity. In addition, the methodology and processes to acquire SR&ED data for the program have been consolidated for the years to come. In fact, our company’s R&D management improved.”

A Reliable Partner

“Being aware of the issues involved in our R&D policy, Leyton exceeded our expectations with its comprehensive approach to R&D. Its approach considerably reduced the risk of our claim being denied by the Canada Revenue Agency. Moreover, it enabled us to develop our R&D potential and to introduce a data acquisition process that was user-friendly, comprehensive, secure and in line with the SR&ED program.”