Welcome to the most comprehensive website on the Canadian Scientific Research and Experimental Development (SR&ED) program.
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 March 19, 2019, the Liberal government Finance Minister, Bill Morneau, released the Federal Budget 2019. Recap: Prior Budgets The last major change to SR&ED occurred in the 2012 budget when sweeping modifications were made Read more…
Are you working on an SR&ED claim? How do you know if it’s worth the effort? What will the potential payout be? Have you submitted your documents and are now wondering how much you might Read more…
Mark your calendars and save the date – Minister Morneau has announced that the new Federal Budget will be tabled on March 19, 2019. What should we expect? According to the Minister’s office, the upcoming budget will Read more…
New CRA service standards were announced April 1, 2018 affecting SR&ED claims. These changes will potentially decrease wait times for some SR&ED claimants. What are service standards? Service standards are set by organizations to stipulate Read more…
The Department of Finance Canada recently released its Report on Federal Tax Expenditures – Concepts, Estimates and Evaluations 2018, which shows increased spending on the SR&ED tax incentive program. In a reversal from last year’s Read more…
The 5 Questions For SR&ED – Intent and Evolution The Scientific Research and Experimental Development (SR&ED) program uses 5 questions to determine the eligibility of the work performed. While it is important to know the Read more…
Last March, the Department of Finance Canada released its 2018 Report on Federal Tax Expenditures. In previous years, the projected figures of the federal government’s revenue being spent on the SR&ED tax credit had been Read more…
The Canada Revenue Agency (CRA) offers two distinct services to those who want to obtain a ruling on their SR&ED tax incentive claim before they submit their application. The following article will discuss the Read more…
The last time that a major report came out offering recommendations to the SR&ED program, the effect was profound. In 2011, Innovation Canada: A Call to Action – colloquially known as the Jenkins Report was Read more…