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What is the proxy method?

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What is the proxy method?

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The ‘proxy’ method is a simplified method for the inclusion of SR&ED related overhead costs. Using this method, wages, materials, subcontract costs, leased costs and capital equipment may be claimed. More importantly, using the proxy methods, all of these costs are eligible for a 65% proxy increase to accomodate overhead costs. Due to the simplified filing requirements and relatively generous overhead calculation, the proxy method is the most popular method of filing an SR&ED claim.

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