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.
Effectively writing SR&ED claim application is made easier by having good evidence for your project. Be it written records, photographs, videos or statements of work, you likely already know how useful it is to have Read more…
What is “on behalf of” when referring to SR&ED contracts? Contractual agreements, whether between arm’s length or non-arm’s length entities, are a common occurrence in the business world, particularly in SR&ED research. In one of 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 discerning Read more…
If you have never filed an SR&ED claim before you may not be aware that there are two methods available to you for filing your claim: proxy and traditional. Traditional is the default method that Read more…
The development of software is the subject of considerable debate at the CRA and, more generally, there is confusion about what does and does not qualify for SR&ED within this area. When applying for SRED Read more…
This post outlines SR&ED program updates from October to December 2019, 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 Read more…
The SR&ED tax credit program is the largest single source of R&D funding in Canada: over $3 billion in tax incentives are distributed annually.1 If you choose to access this program, it’s helpful to understand 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 discerning 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 discerning Read more…
