SR&ED Education & Resources
What is SR&ED?
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!Â
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![Let’s be honest: This is a challenging tax credit. We have everything you need to know about the SR&ED Tax Incentive Program. Photo by AlphaTradeZone: https://www.pexels.com/photo/person-using-black-digital-tablet-5833272/](https://i0.wp.com/www.sreducation.ca/wp-content/uploads/pexels-alphatradezone-5833272-1-scaled.jpg?resize=290%2C290&ssl=1)
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. Photo by RDNE Stock project: https://www.pexels.com/photo/a-calculator-and-a-magnifying-glass-beside-documents-7821688/](https://i0.wp.com/www.sreducation.ca/wp-content/uploads/pexels-rdne-stock-project-7821688-scaled.jpg?resize=290%2C290&ssl=1)
How can the SR&ED program improve your bottom line? Use our online calculator to determine how much you could receive in tax credits.
![Let’s be honest: This is a challenging tax credit. We have everything you need to know about the SR&ED Tax Incentive Program. Photo by Mikhail Nilov: https://www.pexels.com/photo/person-in-long-sleeve-shirt-holding-a-calculator-8297031/](https://i0.wp.com/www.sreducation.ca/wp-content/uploads/pexels-mikhail-nilov-8297031-scaled.jpg?resize=290%2C290&ssl=1)
Need a little support navigating the SR&ED program? We can help with our Comprehensive Guide to SR&ED.Â
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Due May 27, 2024 – Department of Finance Launches Second Round of Consultations on SR&ED
Due May 27, 2024 – Department of Finance Launches Second Round of Consultations on SR&ED (Photo Credit: Andrea Piacquadio via
![SRED Program updates 2024](https://i0.wp.com/www.sreducation.ca/wp-content/uploads/pexels-rethaferguson-3810792-scaled.jpg?resize=392%2C272&ssl=1)
SR&ED Program Updates: January-March 2024
This post outlines Scientific Research and Experimental Development (SR&ED) program updates from January to March of 2024, including administrative, policy,
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SR&ED in the Federal Budget: Fairness For Every Generation (2024)
On April 16, 2024, the Liberal government Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, released the