Action Checklist
Immediate Actions (Month 1)
- [ ] Assess JEI eligibility
- [ ] Implement time tracking
- [ ] Identify R&D activities
- [ ] Consult tax advisor
Short-term (Quarter 1)
- [ ] Apply for JEI status
- [ ] Establish documentation processes
- [ ] Train team on requirements
- [ ] Plan first CIR claim
Medium-term (Year 1)
- [ ] File first CIR claim
- [ ] Optimize expense tracking
- [ ] Consider CII opportunities
- [ ] Review international structure
Long-term (Years 2+)
- [ ] Build internal expertise
- [ ] Explore sector incentives
- [ ] Plan IP strategies
- [ ] Prepare for growth transitions