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Who we help · Food manufacturers · Tax planning

Tax planning that pays back the filling line, one CCA class at a time.

For a food processor, tax planning is mostly capital and development planning. The filler, the spiral freezer and the months of formulation trials each carry a tax treatment that rewards deciding before the purchase order is cut — the class an asset lands in, the year it becomes available for use, and whether the test-kitchen work is documented as research or lost as overhead.

Workers on a food production line

Processing equipment has its own, faster CCA lane

Machinery and equipment used primarily for manufacturing and processing has historically qualified for Class 53 at a 50% declining-balance rate — against 30% in Class 43 and 20% in Class 8 for general equipment — and first-year claims have been enhanced further under the Accelerated Investment Incentive, with the enhancement phasing down by date. Which regime applies turns on when the asset is acquired and when it becomes available for use, so the same mixer can generate very different first-year deductions depending on whether it is running in December or February. We confirm the classification and the timing before the order is placed, not at year-end.

Two details worth money: installation, rigging and freight are capitalized into the asset's cost and depreciate with it, and an eligible non-residential building used at least 90% for manufacturing or processing earns an additional allowance that lifts the building's CCA rate to 10% from the base 4%. A plant purchase structured without that election leaves deductions on the table every year you own it.

SR&ED lives in the test kitchen and on the line

Food companies underclaim SR&ED because the work does not look like a laboratory — but reformulating to remove a preservative while holding shelf life, or scaling a bench recipe to production volumes when the texture breaks, is exactly the systematic experimentation the program pays for. For a CCPC, qualifying expenditures earn a refundable federal credit at the enhanced 35% rate up to the expenditure limit, and Ontario layers on the refundable Ontario Innovation Tax Credit plus the non-refundable ORDTC.

Work in the plantSR&ED potential
Reformulating to cut sodium or sugar while holding texture and shelf lifeStrong — technological uncertainty resolved through measured trials
Scaling a bench recipe to the production kettle when the process fails at volumeStrong — scale-up problems are classic process development
Trial runs to reduce overfill giveaway on the fillerPossible — if there is a real technical obstacle and a systematic approach
Routine micro testing and QA on every batchNo — quality control, not experimentation
Consumer panels choosing the better-tasting sauceNo — preference testing, not technology

The claim is won or lost on contemporaneous records: batch trial logs, line-trial run sheets, the hypothesis and the failed attempts. We help set up that documentation as a habit, because a claim reconstructed in March from memory is the kind the CRA discounts.

Owner pay in an equipment-heavy year

Active income up to $500,000 is taxed at roughly 12.2% combined in Ontario, and how much of it you draw as salary versus dividends shifts year to year. A big CCA year can shelter much of the corporation's income, which changes the arithmetic: salary still builds RRSP room and pension coverage, while dividends may suit a year the company needs cash for the next line. A salary bonus accrued at year-end is deductible if paid within 179 days, which lets the deduction land in one year and the cash leave in the next.

Paying family members works only when they actually work — the tax on split income rules exempt a family member averaging at least 20 hours a week in the business, a test a real production job passes and a paper title does not. We model the mix annually inside Tax Planning & Advisory, against your actual capital plan rather than a generic template.

Year-end moves with a warehouse attached

Inventory gives a processor levers most businesses lack. Short-dated finished goods and obsolete packaging written down before year-end are deductions this year, but only with count records behind them; a December equipment delivery that is installed and available for use before the year closes claims CCA a full year earlier than one sitting on the dock in January. And because the equipment usually arrives financed, the structure of the loan matters as much as the class of the asset — Business Financing Advisory is led by a CPA out of banking and corporate finance, so the lender package and the tax plan are built to agree with each other. Planning engagements are quoted in writing after a free 15-minute discovery call, for processors across the GTA.

Common questions

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Is new processing equipment really written off faster than other assets?

Generally yes — machinery used primarily for manufacturing and processing has carried its own accelerated CCA class at 50% declining balance, with first-year enhancements that depend on acquisition and available-for-use dates. The rules are date-sensitive, which is exactly why the purchase should be planned with the tax treatment in view.

Does recipe development count as SR&ED?

It can. Systematic trials to resolve a technical problem — shelf life, texture at scale, removing an ingredient the process depended on — are eligible experimentation, while routine QA and taste-preference panels are not. Contemporaneous trial records are what separate a strong claim from a rejected one.

Should I take salary or dividends from the corporation?

It depends on the year. Heavy CCA and SR&ED years can leave little corporate income to shelter, tilting the mix, while salary builds RRSP room and supports financing applications. We re-run the numbers annually rather than setting one policy forever.

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