The Scientific Research and Experimental Development (SR&ED) tax incentive program is a federal tax incentive program designed to encourage Canadian businesses of all sizes and in all sectors to conduct research and development (R&D) in Canada. Each year, the SR&ED program provides over $3 billion in tax incentives to over 20,000 claimants. Of these, about 75% are small businesses.
Many businesses confuse innovation with SR&ED – but the policies that govern SR&ED are very strict. If you believe SR&ED and innovation are the same, you may be in for a surprise!
Don’t make a costly mistake – learn more about the SR&ED program.
(…also known as the most comprehensive, interactive resource and guide to SR&ED.)
This interactive guide contains detailed information and step-by-step instructions to help you navigate the complex world of the Scientific Research and Experimental Development (SR&ED) tax credit—an incredibly generous incentive program that gives out upwards of $3.1 billion per year to innovative Canadian companies.
Let’s be honest: This is a challenging tax credit. We have everything you need to know about the SR&ED Tax Incentive Program.
How can the SR&ED program improve your bottom line? Use our online calculator to determine how much you could receive in tax credits.
Need a little support navigating the SR&ED program? We can help with our Comprehensive Guide to SR&ED.
On May 14 over 180 SR&ED stakeholders participated in the 2020 SREDStakeholder webcast. A variety of topics were covered including SR&ED Medical issues, SR&ED statistics and success stories, impacts of COVID-19, CATA 2020 SR&ED initiative, Read more…
Here at SR&ED Education and Resources, we are always looking for ways to inform our readers about potential SR&ED. Did you know that if you are paying (non-refunded) service fees (i.e. levy or check-off) to an Read more…
When applying to the Canada Revenue Agency for Scientific Research & Experimental Development (SR&ED) investment tax credits, the information you provide in each section can ultimately decide its fate in the hands of a Read more…
Event Notification On May 14, 2020, SR&ED Stakeholder will be broadcasting their virtual webcast on SR&ED topics. Of particular interest to SR&ED claimants and preparers will be the sessions relating to new CRA directives and Read more…
This post outlines SR&ED program updates from January-March 2020, including administrative, policy, tax law, and court cases. We have identified some key trends to watch in the SR&ED environment. Administrative, Policy, and Legislative The first Read more…
On April 11, 2020, the Canadian government implemented legislation regarding a new Canada Emergency Wage Subsidy (CEWS); the implications of this $73 billion subsidy and SR&ED claims is yet to be determined. This post will Read more…
COVID-19 has impacted everyone around the world and has created disruption in SR&ED payments and claims. We are here to update you with information on how your claims may be impacted. SR&ED Payments and COVID-19 Read more…
Breaking news: CATA asks CRA for Emergency Aid for Tech Firms. The tech industry is not immune to COVID-19 crisis and challenges it has posed for Canada (and across the globe). According to an article Read more…
The most important form you will need to fill out in order to apply for SR&ED investment tax credits is the form T661. This form is required by the CRA in order to process your Read more…
