Tripol - Maximize your refunds & tax credits

FREQUENTLY ASKED QUESTIONS

Q. How successful are your claims?
A. Our overall success rate to date is 100%. TRIPOL accepts only those clients who have good refund potential.
Q. How does TRIPOL charge for its services?
A. TRIPOL fees are pure performance based. TRIPOL does not charge any upfront fees or retainers. If the claim does not qualify – no fee is paid for the services rendered. We stand behind our ability and perfect track record of success to claim a refund for you. The only risk is TRIPOL’s.
Q. How long does it take to receive the cheque after the claim submission?
A. If the T2 Corporate Income Tax returns are filed simultaneously, you will receive your cheque within 3-4 months. But if you file your T2 and SR&ED claim separately, you will likely receive your cheque in 6-8 months.
Q. How many years back can be claimed?
A. SR&ED claims must be submitted within an 18-month window after the end of each fiscal year. If your company's fiscal year ends on June 30, then December 31, 2006 is your deadline for filing your 2005 SR&ED claim. You may be fortunate enough to file two SR&ED claims immediately. This is more efficient for everyone involved; you'll receive a government cheque for both fiscal periods at the same time! Two simultaneous SR&ED claims is the limit.
Q. What is the average refund?
A. Refunds depend on several factors, including the strength of the projects and your company's payroll. The average refund for one fiscal year that TRIPOL assisted its clients to obtain is $80,000.
Q. Will my entire business be audited if I make a claim?
A. No. Only the SR&ED claim and costs will be reviewed by the CCRA. The CCRA reviewers are separate from regular CCRA auditors.
Q. Does the government control how the refund is spent?
A. No.
Q. Is confidentiality guaranteed?
A. Yes. TRIPOL guarantees client confidentiality by signing a Non-Disclosure Agreement before starting to work on the claim preparation.